Clare Market Investments LLC Takes $537,000 Position in Schwab US Dividend Equity ETF $SCHD

Clare Market Investments LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the first quarter, HoldingsChannel.com reports. The firm bought 17,500 shares of the company’s stock, valued at approximately $537,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. lifted its stake in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $25,000. Field & Main Bank acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter worth about $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $29,000. Finally, Triumph Capital Management bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $33,000.

Schwab US Dividend Equity ETF Trading Up 0.6%

SCHD stock opened at $32.43 on Tuesday. Schwab US Dividend Equity ETF has a 1-year low of $26.21 and a 1-year high of $32.92. The stock has a market cap of $97.99 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company’s 50 day moving average is $32.08 and its 200 day moving average is $30.77.

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.