Schwab US Dividend Equity ETF $SCHD Shares Newly Purchased by Ironwood Financial llc

Ironwood Financial llc acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 46,706 shares of the company’s stock, valued at approximately $1,519,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Byrne Asset Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at about $27,000. Ashton Thomas Securities LLC purchased a new position in Schwab US Dividend Equity ETF during the first quarter worth about $32,000. Signature Resources Capital Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 53.8% during the first quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after purchasing an additional 500 shares during the last quarter. Finally, Hanson & Doremus Investment Management boosted its holdings in Schwab US Dividend Equity ETF by 35.7% during the first quarter. Hanson & Doremus Investment Management now owns 2,001 shares of the company’s stock worth $61,000 after purchasing an additional 526 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $34.69 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31. The company has a 50-day simple moving average of $34.02 and a two-hundred day simple moving average of $32.82. The company has a market capitalization of $116.04 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF 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.