125,931 Shares of Schwab US Dividend Equity ETF $SCHD Acquired by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, according to its most recent filing with the SEC. The firm purchased 125,931 shares of the company’s stock, valued at approximately $4,097,000.

Several other institutional investors have also modified their holdings of SCHD. Whitener Capital Management Inc. purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth $2,219,000. R2 Capital Strategies LLC increased its position in shares of Schwab US Dividend Equity ETF by 4.2% in the third quarter. R2 Capital Strategies LLC now owns 29,053 shares of the company’s stock valued at $945,000 after buying an additional 1,161 shares in the last quarter. Uptown Financial Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 18.2% in the third quarter. Uptown Financial Advisors LLC now owns 15,066 shares of the company’s stock valued at $490,000 after buying an additional 2,316 shares in the last quarter. Fortitude Advisory Group L.L.C. increased its position in shares of Schwab US Dividend Equity ETF by 21.9% in the third quarter. Fortitude Advisory Group L.L.C. now owns 24,954 shares of the company’s stock valued at $812,000 after buying an additional 4,475 shares in the last quarter. Finally, First Merchants Corp acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $6,218,000.

Schwab US Dividend Equity ETF Stock Up 1.2%

Schwab US Dividend Equity ETF stock opened at $34.10 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31. The firm’s 50-day simple moving average is $34.00 and its 200 day simple moving average is $32.74. The firm has a market capitalization of $113.92 billion, a PE ratio of 14.57 and a beta of 0.68.

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.