Apriem Advisors Acquires 205,420 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Apriem Advisors boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 267.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 282,139 shares of the company’s stock after acquiring an additional 205,420 shares during the period. Apriem Advisors’ holdings in Schwab US Dividend Equity ETF were worth $7,708,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Central Pacific Bank Trust Division increased its holdings 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 purchasing an additional 604 shares during the last quarter. Hoese & Co LLP bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC raised its position 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 acquiring an additional 777 shares during the period. IFS Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after acquiring an additional 699 shares during the last quarter. Finally, Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $31,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $28.15 on Thursday. The company has a 50 day moving average price of $27.73 and a two-hundred day moving average price of $28.08. The company has a market capitalization of $68.97 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week 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.