Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Towneley Capital Management Inc DE

Towneley Capital Management Inc DE grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 711,988 shares of the company’s stock after purchasing an additional 480,506 shares during the period. Schwab US Dividend Equity ETF comprises approximately 4.6% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 6th biggest holding. Towneley Capital Management Inc DE owned approximately 0.10% of Schwab US Dividend Equity ETF worth $19,452,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SCHD. JPMorgan Chase & Co. boosted its position in Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at $163,000. Tenon Financial LLC increased its holdings in Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares during the last quarter. Finally, Synovus Financial Corp raised its position in Schwab US Dividend Equity ETF by 148.1% during the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after acquiring an additional 25,380 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.68 on Tuesday. The company has a market cap of $19.42 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a 50-day moving average of $27.85 and a 200-day moving average of $27.99. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72.

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.