Clune & Associates LTD. Purchases Shares of 32,964 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Clune & Associates LTD. purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 32,964 shares of the company’s stock, valued at approximately $901,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $29,000. Crowley Wealth Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $134,000. Cedar Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 171.2% in the 4th quarter. Cedar Wealth Management LLC now owns 1,256,921 shares of the company’s stock valued at $34,339,000 after purchasing an additional 793,489 shares in the last quarter. Napatree Capital LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 201.4% in the 4th quarter. Napatree Capital LLC now owns 25,804 shares of the company’s stock valued at $705,000 after purchasing an additional 17,243 shares in the last quarter. Finally, Meridian Wealth Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Meridian Wealth Advisors LLC now owns 17,163 shares of the company’s stock valued at $469,000 after purchasing an additional 11,442 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.76 on Monday. The firm has a market capitalization of $68.84 billion, a P/E ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The business’s 50-day simple moving average is $27.95 and its 200-day simple moving average is $28.13.

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.