26,334 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Purchased by GWN Securities Inc.

GWN Securities Inc. purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 26,334 shares of the company’s stock, valued at approximately $737,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC lifted its holdings 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 buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth about $163,000. Tenon Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.1% in the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 195.0% in the fourth 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 Trading Up 1.3 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.64 on Monday. 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 $68.55 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. The company’s 50-day moving average price is $27.89 and its 200-day moving average price is $28.13.

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.