Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Caprock Group LLC

Caprock Group LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 187.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 227,492 shares of the company’s stock after acquiring an additional 148,463 shares during the period. Caprock Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,215,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $31,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $34,000. Barrett & Company Inc. purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at $34,000. Cassady Schiller Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at $38,000. Finally, Quent Capital LLC lifted its holdings in Schwab US Dividend Equity ETF by 86.6% during the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after buying an additional 240 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.83 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The stock has a market cap of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock has a 50-day simple moving average of $28.05 and a 200-day simple moving average of $27.94.

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.