Chapin Davis Inc. Acquires 1,101 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Chapin Davis Inc. boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.7% during the 2nd quarter, Holdings Channel reports. The firm owned 8,575 shares of the company’s stock after buying an additional 1,101 shares during the quarter. Chapin Davis Inc.’s holdings in Schwab US Dividend Equity ETF were worth $667,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. AMG National Trust Bank increased its stake in Schwab US Dividend Equity ETF by 0.3% in the fourth quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock worth $3,639,000 after purchasing an additional 130 shares during the period. PDS Planning Inc lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.2% during the first quarter. PDS Planning Inc now owns 6,203 shares of the company’s stock worth $500,000 after purchasing an additional 132 shares during the period. SOA Wealth Advisors LLC. raised its holdings in shares of Schwab US Dividend Equity ETF by 1.0% during the first quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock worth $1,062,000 after purchasing an additional 133 shares during the last quarter. Bogart Wealth LLC grew its position in Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock worth $364,000 after purchasing an additional 135 shares during the period. Finally, Resonant Capital Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 4.2% in the 1st quarter. Resonant Capital Advisors LLC now owns 3,316 shares of the company’s stock valued at $267,000 after purchasing an additional 135 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.5 %

Shares of NYSEARCA:SCHD traded up $0.37 during trading on Friday, reaching $81.96. 2,131,706 shares of the company’s stock traded hands, compared to its average volume of 3,262,148. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $83.19. The company has a 50-day simple moving average of $79.34 and a 200-day simple moving average of $78.56. The firm has a market cap of $57.49 billion, a PE ratio of 15.04 and a beta of 0.74.

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.