Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by McCarthy Asset Management Inc.

McCarthy Asset Management Inc. lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 304,770 shares of the company’s stock after purchasing an additional 1,226 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 14.8% of McCarthy Asset Management Inc.’s portfolio, making the stock its 2nd biggest holding. McCarthy Asset Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $23,202,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Whitaker Myers Wealth Managers LTD. boosted its holdings in Schwab US Dividend Equity ETF by 12.3% in the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock valued at $15,475,000 after purchasing an additional 22,221 shares during the period. FMR LLC grew its position in Schwab US Dividend Equity ETF by 22.7% during the third quarter. FMR LLC now owns 64,312 shares of the company’s stock worth $4,551,000 after buying an additional 11,906 shares in the last quarter. M. Kulyk & Associates LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at about $514,000. Procyon Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 9.9% in the 4th quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock valued at $338,000 after acquiring an additional 401 shares in the last quarter. Finally, Graypoint LLC lifted its position in shares of Schwab US Dividend Equity ETF by 5.4% in the 4th quarter. Graypoint LLC now owns 4,969 shares of the company’s stock worth $378,000 after acquiring an additional 255 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.1 %

SCHD stock traded down $0.08 during midday trading on Friday, hitting $77.48. The stock had a trading volume of 2,394,771 shares, compared to its average volume of 3,622,651. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The stock has a 50-day simple moving average of $78.31 and a 200 day simple moving average of $75.19. The firm has a market capitalization of $54.20 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77.

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.