Transcendent Capital Group LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Transcendent Capital Group LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 175.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,313 shares of the company’s stock after purchasing an additional 2,745 shares during the quarter. Transcendent Capital Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $118,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $34,000. Cassady Schiller Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $38,000. Finally, Phillips Financial Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.2 %

Schwab US Dividend Equity ETF stock opened at $28.26 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The company has a market capitalization of $69.24 billion, a P/E ratio of 17.48 and a beta of 0.88. The stock’s 50 day moving average is $27.69 and its 200 day moving average is $28.05.

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.