Dagco Inc. Purchases 33,711 Shares of Schwab US Dividend Equity ETF $SCHD

Dagco Inc. increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 855,722 shares of the company’s stock after purchasing an additional 33,711 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 4.9% of Dagco Inc.’s investment portfolio, making the stock its 7th largest position. Dagco Inc.’s holdings in Schwab US Dividend Equity ETF were worth $27,837,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Greenhouse Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 18.5% during the third quarter. Greenhouse Wealth Management LLC now owns 12,802 shares of the company’s stock worth $416,000 after acquiring an additional 2,002 shares during the last quarter. Genesee Capital Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $1,912,000. Commonwealth Financial Services LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $491,000. Lazari Capital Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 29.0% in the 3rd quarter. Lazari Capital Management Inc. now owns 11,288 shares of the company’s stock valued at $367,000 after acquiring an additional 2,541 shares during the last quarter. Finally, Tred Avon Family Wealth LLC lifted its stake in Schwab US Dividend Equity ETF by 0.9% in the 3rd quarter. Tred Avon Family Wealth LLC now owns 64,813 shares of the company’s stock worth $2,108,000 after purchasing an additional 607 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD traded up $0.34 during midday trading on Tuesday, hitting $34.59. The company had a trading volume of 13,048,095 shares, compared to its average volume of 22,407,580. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.31. The stock has a market cap of $115.69 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The business’s 50-day simple moving average is $34.01 and its 200-day simple moving average is $32.79.

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.