Clarkston Capital Partners LLC Buys 12,884 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Clarkston Capital Partners LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,327 shares of the company’s stock after purchasing an additional 12,884 shares during the period. Clarkston Capital Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $528,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SCHD. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $34,000. Anchor Investment Management LLC raised its holdings in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after purchasing an additional 428 shares during the last quarter. Bernardo Wealth Planning LLC lifted its position in Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock valued at $366,000 after purchasing an additional 498 shares during the period. Central Pacific Bank Trust Division boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 5.8% in the 3rd quarter. Coldstream Capital Management Inc. now owns 11,695 shares of the company’s stock valued at $986,000 after purchasing an additional 639 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $25.28 on Friday. The firm has a 50 day simple moving average of $27.88 and a 200 day simple moving average of $28.11. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The company has a market cap of $63.71 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.2488 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.