Halbert Hargrove Global Advisors LLC Makes New $82,000 Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Halbert Hargrove Global Advisors LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,984 shares of the company’s stock, valued at approximately $82,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHD. Central Pacific Bank Trust Division boosted its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the period. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC boosted its holdings in Schwab US Dividend Equity ETF by 294.3% during 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 holdings 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 valued at $29,000 after acquiring an additional 699 shares during the period. Finally, Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.54 on Friday. The stock has a market capitalization of $69.92 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The business has a 50-day moving average of $27.78 and a 200 day moving average of $28.10.

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.