Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Bangor Savings Bank

Bangor Savings Bank boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 184.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 86,964 shares of the company’s stock after purchasing an additional 56,380 shares during the quarter. Bangor Savings Bank’s holdings in Schwab US Dividend Equity ETF were worth $2,376,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Financial Gravity Asset Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $25,000. Central Pacific Bank Trust Division grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth $31,000. Barrett & Company Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $34,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $34,000.

Schwab US Dividend Equity ETF Stock Down 0.6 %

SCHD opened at $27.27 on Tuesday. The firm has a market cap of $19.13 billion, a P/E ratio of 15.04 and a beta of 0.74. The business’s fifty day simple moving average is $28.38 and its 200 day simple moving average is $27.73. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 week high of $29.72.

About Schwab US Dividend Equity ETF

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.