Cvfg LLC bought a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 230,536 shares of the company’s stock, valued at approximately $7,073,000. Schwab US Dividend Equity ETF accounts for approximately 0.9% of Cvfg LLC’s portfolio, making the stock its 29th biggest holding.
Several other large investors also recently modified their holdings of the stock. Mountain Hill Investment Partners Corp. raised its stake in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $25,000. Field & Main Bank acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at about $29,000. Finally, Triumph Capital Management bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $33,000.
Schwab US Dividend Equity ETF Trading Up 0.9%
Shares of NYSEARCA:SCHD opened at $32.54 on Wednesday. The firm has a 50 day moving average of $32.11 and a 200-day moving average of $30.81. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $32.92. The stock has a market capitalization of $98.32 billion, a PE ratio of 14.57 and a beta of 0.68.
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.
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