Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Fagan Associates Inc.

Fagan Associates Inc. boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 178,912 shares of the company’s stock after acquiring an additional 118,660 shares during the quarter. Fagan Associates Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,888,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Argus Investors Counsel Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 8.0% in the third quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock valued at $403,000 after purchasing an additional 355 shares during the last quarter. O ROURKE & COMPANY Inc increased its holdings in shares of Schwab US Dividend Equity ETF by 5.7% in the third quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock valued at $570,000 after purchasing an additional 366 shares during the last quarter. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Brown Lisle Cummings Inc. increased its holdings 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 purchasing an additional 375 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC grew its position in Schwab US Dividend Equity ETF by 2.1% in 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 period.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.99 on Wednesday. The firm has a market capitalization of $68.58 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The stock has a 50 day moving average of $27.70 and a 200 day moving average of $28.01.

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.