Monetary Solutions Ltd acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 435,975 shares of the company’s stock, valued at approximately $11,959,000. Schwab US Dividend Equity ETF makes up 11.8% of Monetary Solutions Ltd’s portfolio, making the stock its biggest holding.
A number of other institutional investors also recently modified their holdings of SCHD. Mountain Hill Investment Partners Corp. boosted its stake in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $25,000. Field & Main Bank bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $29,000. Finally, Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $33,000.
Schwab US Dividend Equity ETF Stock Performance
SCHD stock opened at $31.86 on Friday. The stock’s 50 day simple moving average is $31.82 and its 200 day simple moving average is $30.40. The company has a market cap of $90.44 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.92.
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.
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