Schwab US Dividend Equity ETF $SCHD Shares Newly Bought by Chapin Davis Inc.

Chapin Davis Inc. purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 24,584 shares of the company’s stock, valued at approximately $800,000.

Other hedge funds have also recently made changes to their positions in the company. Dominguez Wealth Management Solutions Inc. lifted its stake in Schwab US Dividend Equity ETF by 434.1% during the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock worth $6,805,000 after acquiring an additional 170,021 shares in the last quarter. Bangor Savings Bank acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $2,480,000. HB Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 8.4% during the second quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock worth $56,462,000 after purchasing an additional 137,402 shares during the period. Cahill Financial Advisors Inc. increased its stake in Schwab US Dividend Equity ETF by 6.2% during the second quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock worth $12,035,000 after purchasing an additional 22,218 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Schwab US Dividend Equity ETF by 18.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock worth $14,369,000 after purchasing an additional 82,981 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $33.15 on Friday. The firm has a 50 day simple moving average of $34.02 and a 200-day simple moving average of $32.64. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $35.31. The firm has a market cap of $110.22 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.