54,239 Shares in Schwab US Dividend Equity ETF $SCHD Acquired by KLCM Advisors Inc.

KLCM Advisors Inc. acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 54,239 shares of the company’s stock, valued at approximately $1,488,000.

A number of other hedge funds have also recently made changes to their positions in SCHD. Mountain Hill Investment Partners Corp. boosted its position in shares of Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares during the period. Merrithew & Thorsten Inc purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $25,000. Biltmore Family Office LLC boosted its position in shares of Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the period. Field & Main Bank purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $29,000.

Schwab US Dividend Equity ETF Stock Up 0.4%

Shares of SCHD stock opened at $31.75 on Tuesday. Schwab US Dividend Equity ETF has a 52 week low of $25.69 and a 52 week high of $32.13. The stock has a market capitalization of $90.13 billion, a PE ratio of 14.57 and a beta of 0.68. The firm has a 50 day moving average of $31.00 and a two-hundred day moving average of $29.35.

Schwab US Dividend Equity ETF Company 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.