Schwab US Dividend Equity ETF $SCHD Shares Newly Acquired by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 426,034 shares of the company’s stock, valued at approximately $13,859,000.

A number of other hedge funds also recently made changes to their positions in SCHD. Brookstone Capital Management acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $71,011,000. Summit Financial Wealth Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $63,803,000. Paradiem LLC acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $56,258,000. Baer Investment Advisory LLC acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $46,847,000. Finally, Albion Financial Group UT acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $39,427,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $35.27 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.45. The firm has a 50 day moving average price of $34.07 and a two-hundred day moving average price of $32.90. The firm has a market cap of $118.28 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Company 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.