Scott & Selber Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 192.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,005 shares of the company’s stock after buying an additional 64,534 shares during the quarter. Scott & Selber Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,677,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the business. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Galvin Gaustad & Stein LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.1% during the third quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock worth $1,520,000 after purchasing an additional 377 shares during the last quarter. Phillips Financial Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after purchasing an additional 391 shares during the period. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Finally, Anchor Investment Management LLC increased its stake in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after buying an additional 428 shares during the period.
Schwab US Dividend Equity ETF Stock Performance
SCHD stock opened at $28.40 on Tuesday. The stock has a market capitalization of $69.58 billion, a PE ratio of 17.48 and a beta of 0.88. The company has a fifty day moving average of $27.80 and a 200-day moving average of $28.12. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72.
Schwab US Dividend Equity ETF Company 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.
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