Bank of America Corp DE lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 25.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 961,528 shares of the company’s stock after purchasing an additional 193,770 shares during the quarter. Bank of America Corp DE owned 0.57% of Schwab US Dividend Equity ETF worth $45,163,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in Schwab US Dividend Equity ETF by 32.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,596 shares of the company’s stock valued at $933,000 after buying an additional 4,295 shares during the last quarter. Reitz Capital Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $8,236,000. Wagner Bowman Management Corp raised its position in Schwab US Dividend Equity ETF by 84.3% in the 4th quarter. Wagner Bowman Management Corp now owns 16,701 shares of the company’s stock valued at $784,000 after buying an additional 7,639 shares during the last quarter. Marquette Asset Management LLC raised its position in Schwab US Dividend Equity ETF by 38.4% in the 3rd quarter. Marquette Asset Management LLC now owns 14,667 shares of the company’s stock valued at $777,000 after buying an additional 4,068 shares during the last quarter. Finally, Harborview Advisors LLC raised its position in Schwab US Dividend Equity ETF by 1.6% in the 4th quarter. Harborview Advisors LLC now owns 21,206 shares of the company’s stock valued at $996,000 after buying an additional 334 shares during the last quarter.

Shares of Schwab US Dividend Equity ETF stock opened at $51.89 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $44.03 and a 52-week high of $54.29.

The company also recently announced a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Thursday, March 21st were given a $0.352 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date was Wednesday, March 20th.

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/schwab-us-dividend-equity-etf-schd-shares-bought-by-bank-of-america-corp-de/2922783.html.

Read More: Net Income

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.