OneAscent Financial Services LLC Buys New Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

OneAscent Financial Services LLC bought a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 49,832 shares of the company’s stock, valued at approximately $1,361,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $34,000. Hobbs Group Advisors LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $68,000. Central Pacific Bank Trust Division boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares in the last quarter. Hoese & Co LLP bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $26,000. Finally, PFG Private Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after buying an additional 686 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.87 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The business has a 50 day moving average of $27.96 and a 200 day moving average of $28.14. The company has a market capitalization of $70.23 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid a $0.2488 dividend. The ex-dividend date was Wednesday, March 26th.

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.