BLB&B Advisors LLC Acquires 62,333 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

BLB&B Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 182.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 96,589 shares of the company’s stock after buying an additional 62,333 shares during the quarter. BLB&B Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,639,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHD. Central Pacific Bank Trust Division lifted its stake in shares of 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 in the last quarter. Hoese & Co LLP bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $26,000. IFS Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Finally, Olistico Wealth LLC raised its position in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.56 on Friday. The firm has a market cap of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm has a fifty day moving average price of $27.89 and a 200 day moving average price of $27.97. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week 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.