Old Mission Investment Co LLC Invests $908,000 in Schwab US Dividend Equity ETF $SCHD

Old Mission Investment Co LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the second quarter, Holdings Channel.com reports. The fund bought 28,646 shares of the company’s stock, valued at approximately $908,000.

A number of other large investors have also added to or reduced their stakes in the business. Brighton Jones LLC boosted its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC raised its position in shares of Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares during the period. Finally, United Bank lifted its stake in shares of Schwab US Dividend Equity ETF by 5.0% during the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after buying an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $34.80 on Friday. The company has a market capitalization of $108.12 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company has a 50-day simple moving average of $33.63 and a 200 day simple moving average of $32.25. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31.

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.