C M Bidwell & Associates Ltd. Has $943,000 Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

C M Bidwell & Associates Ltd. boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,515 shares of the company’s stock after purchasing an additional 23,010 shares during the period. C M Bidwell & Associates Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $943,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Central Pacific Bank Trust Division grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC increased its stake in shares of Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares during the period. PFG Private Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after acquiring an additional 686 shares during the last quarter. Finally, IFS Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after acquiring an additional 699 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.6 %

Shares of SCHD stock opened at $27.58 on Monday. The firm has a market cap of $69.50 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72. The stock has a 50-day moving average price of $27.97 and a 200 day moving average price of $28.14.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be given a dividend of $0.2488 per share. The ex-dividend date is Wednesday, March 26th.

Schwab US Dividend Equity ETF 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.