GAMMA Investing LLC Takes $107,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

GAMMA Investing LLC acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 1,410 shares of the company’s stock, valued at approximately $107,000.

A number of other large investors have also recently made changes to their positions in SCHD. Sumitomo Life Insurance Co. purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $228,390,000. International Assets Investment Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $89,561,000. LPL Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 4.7% during the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after acquiring an additional 503,970 shares during the last quarter. DDD Partners LLC boosted its position in shares of Schwab US Dividend Equity ETF by 12,161.9% during the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after acquiring an additional 484,167 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 34.1% during the 3rd quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock valued at $132,545,000 after acquiring an additional 476,951 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $77.48 on Monday. The company has a market capitalization of $54.20 billion, a P/E ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The stock has a 50 day moving average price of $78.31 and a 200-day moving average price of $75.26.

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.