Schwab US Dividend Equity ETF $SCHD Shares Newly Acquired by Financial Designs Corp

Financial Designs Corp bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 31,313 shares of the company’s stock, valued at approximately $1,019,000. Schwab US Dividend Equity ETF accounts for approximately 0.5% of Financial Designs Corp’s portfolio, making the stock its 19th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Keystone Financial Planning Inc. increased its holdings in Schwab US Dividend Equity ETF by 0.5% during the 3rd quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after purchasing an additional 29,169 shares during the period. Acropolis Investment Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $438,000. First Heartland Consultants Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $5,203,000. Galvin Gaustad & Stein LLC grew its position in shares of Schwab US Dividend Equity ETF by 9.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 52,207 shares of the company’s stock worth $1,698,000 after buying an additional 4,372 shares in the last quarter. Finally, Dorato Capital Management increased its stake in shares of Schwab US Dividend Equity ETF by 10.6% during the third quarter. Dorato Capital Management now owns 234,525 shares of the company’s stock valued at $7,657,000 after buying an additional 22,383 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.5%

Shares of Schwab US Dividend Equity ETF stock opened at $33.15 on Friday. The stock’s fifty day moving average price is $34.02 and its 200-day moving average price is $32.64. The firm has a market cap of $110.22 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31.

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.