Richards Merrill & Peterson Inc. Buys 31,545 Shares of Schwab US Dividend Equity ETF $SCHD

Richards Merrill & Peterson Inc. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 26.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 151,829 shares of the company’s stock after acquiring an additional 31,545 shares during the quarter. Schwab US Dividend Equity ETF makes up 1.7% of Richards Merrill & Peterson Inc.’s holdings, making the stock its 12th biggest position. Richards Merrill & Peterson Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,658,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. raised its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares during the period. Merrithew & Thorsten Inc bought a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $25,000. Field & Main Bank bought a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000. Finally, Triumph Capital Management purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth $33,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $32.02 on Wednesday. The firm has a market cap of $90.90 billion, a PE ratio of 14.57 and a beta of 0.67. The stock’s fifty day moving average price is $31.88 and its two-hundred day moving average price is $30.49. Schwab US Dividend Equity ETF has a 1 year low of $26.16 and a 1 year high of $32.92.

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.