Blair William & Co. IL Buys 1,024,150 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Blair William & Co. IL grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 260.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,417,933 shares of the company’s stock after acquiring an additional 1,024,150 shares during the quarter. Blair William & Co. IL owned 0.20% of Schwab US Dividend Equity ETF worth $38,738,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in Schwab US Dividend Equity ETF by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after acquiring an additional 104,855 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $163,000. Tenon Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after buying an additional 10,082 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. increased its holdings in Schwab US Dividend Equity ETF by 195.0% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after buying an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $27.75 on Friday. The company’s 50-day simple moving average is $27.97 and its two-hundred day simple moving average is $28.13. The stock has a market capitalization of $69.93 billion, a P/E ratio of 17.12 and a beta of 0.86. 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 Cuts Dividend

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

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.