Lynch & Associates IN Boosts Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Lynch & Associates IN lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 225.2% in the fourth quarter, Holdings Channel reports. The firm owned 142,063 shares of the company’s stock after buying an additional 98,381 shares during the period. Lynch & Associates IN’s holdings in Schwab US Dividend Equity ETF were worth $3,881,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SCHD. Central Pacific Bank Trust Division raised its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Kennebec Savings Bank acquired a new stake in Schwab US Dividend Equity ETF during the third quarter valued at $31,000. Barrett & Company Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $34,000. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF during the third quarter valued at $34,000. Finally, Cassady Schiller Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $38,000.

Schwab US Dividend Equity ETF Trading Down 1.1 %

SCHD traded down $0.31 on Friday, hitting $27.01. 21,969,427 shares of the company’s stock were exchanged, compared to its average volume of 17,223,566. The stock has a market cap of $18.95 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The firm has a 50-day moving average price of $28.31 and a 200-day moving average price of $27.74.

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.