Capital Investment Advisors LLC Buys 71,677 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Investment Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 185.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 110,282 shares of the company’s stock after purchasing an additional 71,677 shares during the quarter. Capital Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,013,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SCHD. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter worth approximately $34,000. Barrett & Company Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $34,000. Cassady Schiller Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $38,000. Finally, Fairfield Financial Advisors LTD bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth $39,000.

Schwab US Dividend Equity ETF Stock Up 1.1 %

SCHD stock opened at $27.30 on Tuesday. The business’s 50-day moving average price is $28.27 and its 200-day moving average price is $27.78. The stock has a market cap of $19.15 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72.

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.