Delta Investment Management LLC Acquires New Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Delta Investment Management LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,813 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds also recently bought and sold shares of the company. Golden State Equity Partners raised its holdings in Schwab US Dividend Equity ETF by 3.6% in the fourth quarter. Golden State Equity Partners now owns 40,121 shares of the company’s stock worth $3,054,000 after purchasing an additional 1,396 shares during the period. Raab & Moskowitz Asset Management LLC raised its holdings in Schwab US Dividend Equity ETF by 64.6% in the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 9,426 shares of the company’s stock worth $718,000 after purchasing an additional 3,699 shares during the period. Boyd Watterson Asset Management LLC OH raised its holdings in Schwab US Dividend Equity ETF by 10.4% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 22,529 shares of the company’s stock worth $1,715,000 after purchasing an additional 2,120 shares during the period. Herold Advisors Inc. acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $254,000. Finally, Jackson Hole Capital Partners LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $348,000.

Schwab US Dividend Equity ETF Price Performance

SCHD traded down $0.08 during mid-day trading on Friday, hitting $77.48. The stock had a trading volume of 2,394,771 shares, compared to its average volume of 3,622,651. The stock’s fifty day simple moving average is $78.31 and its 200-day simple moving average is $75.19. The firm has a market capitalization of $54.20 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82.

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.