34,988 Shares in Schwab US Dividend Equity ETF $SCHD Bought by Narwhal Capital Management

Narwhal Capital Management acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 34,988 shares of the company’s stock, valued at approximately $1,138,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Csenge Advisory Group grew its stake in Schwab US Dividend Equity ETF by 6.8% in the third quarter. Csenge Advisory Group now owns 83,595 shares of the company’s stock valued at $2,719,000 after acquiring an additional 5,327 shares during the period. D.B. Root & Company LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 5.2% in the third quarter. D.B. Root & Company LLC now owns 271,885 shares of the company’s stock worth $8,844,000 after acquiring an additional 13,378 shares in the last quarter. Guardian Financial Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.3% in the third quarter. Guardian Financial Partners LLC now owns 281,413 shares of the company’s stock worth $9,154,000 after acquiring an additional 9,058 shares in the last quarter. Cpwa LLC raised its position in shares of Schwab US Dividend Equity ETF by 1.9% during the third quarter. Cpwa LLC now owns 133,051 shares of the company’s stock worth $4,425,000 after purchasing an additional 2,496 shares during the period. Finally, Nemes Rush Group LLC raised its position in shares of Schwab US Dividend Equity ETF by 22.0% during the third quarter. Nemes Rush Group LLC now owns 2,481 shares of the company’s stock worth $81,000 after purchasing an additional 448 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $35.83 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.60 and a fifty-two week high of $36.38. The stock has a market capitalization of $121.92 billion, a PE ratio of 19.09 and a beta of 0.66. The business’s 50-day simple moving average is $34.23 and its 200-day simple moving average is $32.56.

About Schwab US Dividend Equity ETF

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.