Insight Inv LLC Makes New $682,000 Investment in Schwab US Dividend Equity ETF $SCHD

Insight Inv LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 24,974 shares of the company’s stock, valued at approximately $682,000.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its position in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares during the period. Bison Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after acquiring an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after acquiring an additional 155,769 shares during the period. Finally, Exchange Traded Concepts LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $1,086,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $28.90 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.11. The firm has a market capitalization of $75.63 billion, a PE ratio of 14.57 and a beta of 0.77. The business’s 50-day simple moving average is $27.64 and its 200-day simple moving average is $27.34.

Schwab US Dividend Equity ETF Company 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.