Schwab US Dividend Equity ETF $SCHD Shares Purchased by Bruce G. Allen Investments LLC

Bruce G. Allen Investments LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 37.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 409,630 shares of the company’s stock after acquiring an additional 110,671 shares during the quarter. Schwab US Dividend Equity ETF makes up about 7.6% of Bruce G. Allen Investments LLC’s portfolio, making the stock its 3rd largest holding. Bruce G. Allen Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,236,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its position in Schwab US Dividend Equity ETF by 2.1% during the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock valued at $126,040,000 after purchasing an additional 95,857 shares during the last quarter. Elmwood Wealth Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth approximately $1,003,000. Bell Bank raised its stake in shares of Schwab US Dividend Equity ETF by 53.3% during the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after acquiring an additional 36,212 shares in the last quarter. Aspire Capital Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after acquiring an additional 30,146 shares in the last quarter. Finally, BIP Wealth LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth approximately $1,589,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $32.37 on Wednesday. The company has a market capitalization of $91.89 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a one year low of $26.07 and a one year high of $32.91. The company’s 50 day moving average price is $31.34 and its two-hundred day moving average price is $29.92.

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.