Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2,394.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 243,252 shares of the company’s stock after purchasing an additional 233,499 shares during the period. GAMMA Investing LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,801,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Ritter Daniher Financial Advisory LLC DE raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares during the period. Moisand Fitzgerald Tamayo LLC raised its stake in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares during the period. PFG Private Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after acquiring an additional 686 shares during the period. Mountain Hill Investment Partners Corp. acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000. Finally, Morton Brown Family Wealth LLC raised its stake in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock worth $31,000 after acquiring an additional 768 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.4%

Shares of Schwab US Dividend Equity ETF stock opened at $26.65 on Tuesday. The business’s 50 day simple moving average is $25.83 and its 200-day simple moving average is $27.23. The stock has a market capitalization of $69.29 billion, a price-to-earnings ratio of 15.93 and a beta of 0.82. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72.

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.