Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Weik Capital Management

Weik Capital Management boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,335 shares of the company’s stock after purchasing an additional 15,015 shares during the quarter. Weik Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $610,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Blair William & Co. IL lifted its holdings in Schwab US Dividend Equity ETF by 260.1% during the 4th quarter. Blair William & Co. IL now owns 1,417,933 shares of the company’s stock worth $38,738,000 after buying an additional 1,024,150 shares during the last quarter. Delta Asset Management LLC TN boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Delta Asset Management LLC TN now owns 10,500 shares of the company’s stock worth $287,000 after purchasing an additional 7,000 shares during the period. Howe & Rusling Inc. increased its stake in Schwab US Dividend Equity ETF by 202.8% during the fourth quarter. Howe & Rusling Inc. now owns 15,285 shares of the company’s stock valued at $418,000 after purchasing an additional 10,237 shares during the last quarter. AssuredPartners Investment Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $4,505,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Schwab US Dividend Equity ETF by 223.7% in the 4th quarter. JPMorgan Chase & Co. now owns 5,076,341 shares of the company’s stock worth $138,686,000 after buying an additional 3,508,238 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2 %

Shares of NYSEARCA SCHD opened at $27.75 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The company has a market cap of $69.93 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86. The stock’s 50 day simple moving average is $27.97 and its 200 day simple moving average is $28.13.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders 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.