Barnett & Company Inc. Increases Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Barnett & Company Inc. lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 208.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,943 shares of the company’s stock after purchasing an additional 21,576 shares during the period. Barnett & Company Inc.’s holdings in Schwab US Dividend Equity ETF were worth $873,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Anchor Investment Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the period. Bernardo Wealth Planning LLC lifted its holdings in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock worth $366,000 after purchasing an additional 498 shares during the period. CreativeOne Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 1.8% during the third quarter. CreativeOne Wealth LLC now owns 30,496 shares of the company’s stock worth $2,578,000 after acquiring an additional 529 shares during the period. Finally, Central Pacific Bank Trust Division lifted its stake in 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.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.76 on Monday. The company has a 50-day moving average of $27.95 and a two-hundred day moving average of $28.13. The stock has a market cap of $68.84 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72.

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.