Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Eldridge Investment Advisors Inc.

Eldridge Investment Advisors Inc. raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 269.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,371 shares of the company’s stock after purchasing an additional 27,259 shares during the period. Eldridge Investment Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,845,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHD. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $228,390,000. International Assets Investment Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at about $89,561,000. LPL Financial LLC lifted its stake in Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after purchasing an additional 503,970 shares in the last quarter. DDD Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 12,161.9% in the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after purchasing an additional 484,167 shares during the last quarter. Finally, HighTower Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 34.1% during the third quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock worth $132,545,000 after buying an additional 476,951 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded up $0.33 during trading on Thursday, hitting $77.22. 1,903,093 shares of the company were exchanged, compared to its average volume of 3,571,430. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82. The company has a fifty day moving average price of $78.32 and a 200-day moving average price of $75.37. The firm has a market capitalization of $54.02 billion, a PE ratio of 14.82 and a beta of 0.77.

Schwab US Dividend Equity ETF 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.