Schwab US Dividend Equity ETF $SCHD Shares Bought by Newman Dignan & Sheerar Inc.

Newman Dignan & Sheerar Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 955,038 shares of the company’s stock after purchasing an additional 33,253 shares during the period. Schwab US Dividend Equity ETF comprises approximately 5.5% of Newman Dignan & Sheerar Inc.’s investment portfolio, making the stock its 3rd biggest holding. Newman Dignan & Sheerar Inc.’s holdings in Schwab US Dividend Equity ETF were worth $26,197,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. increased its holdings in Schwab US Dividend Equity ETF by 7.6% in the third quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock valued at $30,222,000 after buying an additional 77,785 shares in the last quarter. BG Investment Services Inc. increased its holdings in Schwab US Dividend Equity ETF by 82.8% in the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock valued at $1,695,000 after buying an additional 28,109 shares in the last quarter. DMKC Advisory Services LLC increased its holdings in Schwab US Dividend Equity ETF by 10.6% in the third quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock valued at $5,997,000 after buying an additional 20,989 shares in the last quarter. Insight Inv LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at $682,000. Finally, JPMorgan Chase & Co. increased its holdings in Schwab US Dividend Equity ETF by 2.1% in the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock valued at $126,040,000 after buying an additional 95,857 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $30.86 on Thursday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95. The company has a fifty day moving average of $30.98 and a two-hundred day moving average of $28.73. The stock has a market capitalization of $85.45 billion, a price-to-earnings ratio of 14.57 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.