Perennial Advisors LLC Acquires Shares of 8,850 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Perennial Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the first quarter, HoldingsChannel.com reports. The fund acquired 8,850 shares of the company’s stock, valued at approximately $247,000.

Other hedge funds also recently bought and sold shares of the company. Ritter Daniher Financial Advisory LLC DE raised its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after acquiring an additional 650 shares during the last quarter. PFG Private Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after buying an additional 686 shares during the last quarter. Moisand Fitzgerald Tamayo LLC increased its holdings in shares of 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 worth $28,000 after buying an additional 777 shares during the last quarter. Mountain Hill Investment Partners Corp. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Finally, Morton Brown Family Wealth LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock worth $31,000 after buying an additional 768 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $26.54 on Friday. The company has a 50 day simple moving average of $25.85 and a 200-day simple moving average of $27.26. The company has a market capitalization of $69.00 billion, a P/E ratio of 15.93 and a beta of 0.82. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72.

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.