Delta Financial Group Inc. Invests $574,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Delta Financial Group Inc. purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 21,001 shares of the company’s stock, valued at approximately $574,000.

Several other large investors have also recently modified their holdings of SCHD. Alpha Financial Partners LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $1,283,000. Greenleaf Trust raised its position in shares of Schwab US Dividend Equity ETF by 18.1% in the 3rd quarter. Greenleaf Trust now owns 3,956 shares of the company’s stock worth $334,000 after purchasing an additional 605 shares during the last quarter. Joel Isaacson & Co. LLC raised its position in shares of Schwab US Dividend Equity ETF by 4.5% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 15,053 shares of the company’s stock worth $1,272,000 after purchasing an additional 652 shares during the last quarter. Convergence Financial LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $242,000. Finally, Highland Capital Management LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $356,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The business has a 50-day simple moving average of $27.69 and a two-hundred day simple moving average of $28.03. The firm has a market cap of $69.11 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

About Schwab US Dividend Equity ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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