Buckingham Capital Management Inc. Buys 19,088 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Buckingham Capital Management Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 123.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 34,534 shares of the company’s stock after acquiring an additional 19,088 shares during the period. Buckingham Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $943,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHD. Argus Investors Counsel Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 8.0% during the third quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock worth $403,000 after purchasing an additional 355 shares during the period. O ROURKE & COMPANY Inc raised its position in Schwab US Dividend Equity ETF by 5.7% during the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after purchasing an additional 366 shares during the last quarter. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth about $31,000. Brown Lisle Cummings Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 17.3% in the third quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock valued at $215,000 after buying an additional 375 shares during the period. Finally, Galvin Gaustad & Stein LLC raised its position 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 acquiring an additional 377 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2 %

SCHD stock opened at $27.79 on Tuesday. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The company’s fifty day simple moving average is $27.72 and its 200 day simple moving average is $28.00. The firm has a market cap of $68.09 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

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.