Genesee Capital Advisors LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 58,791 shares of the company’s stock, valued at approximately $1,912,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Summit Financial Wealth Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at about $63,803,000. Paradiem LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $56,258,000. Baer Investment Advisory LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $46,847,000. Stonehearth Capital Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $31,481,000. Finally, Hengehold Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $21,822,000.
Schwab US Dividend Equity ETF Price Performance
SCHD stock traded up $0.34 during midday trading on Tuesday, reaching $34.59. 12,842,207 shares of the company’s stock traded hands, compared to its average volume of 22,405,313. The company has a market capitalization of $115.69 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31. The business has a 50-day moving average price of $34.01 and a two-hundred day moving average price of $32.79.
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.
See Also
- Five stocks we like better than Schwab US Dividend Equity ETF
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
- IonQ’s Bold Expansion Could Leave Shareholders Paying the Price
- Powering Up: Applied Digital Execs Buy $6.7M in Stock
- Chip Stocks Are Sliding—Why Is Smart Money Buying?
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
