Saxony Capital Management LLC Makes New $1.08 Million Investment in Schwab US Dividend Equity ETF $SCHD

Saxony Capital Management LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 33,366 shares of the company’s stock, valued at approximately $1,085,000.

Several other large investors also recently modified their holdings of SCHD. Summit Financial Wealth Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $63,803,000. Paradiem LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter worth about $56,258,000. Baer Investment Advisory LLC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at about $46,847,000. Stonehearth Capital Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,481,000. Finally, Royal Bank of Canada grew its position in shares of Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after purchasing an additional 660,876 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $34.10 on Friday. The business has a fifty day simple moving average of $34.00 and a 200 day simple moving average of $32.74. The company has a market capitalization of $113.92 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year 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.