Empirical Asset Management LLC Takes Position in Schwab US Dividend Equity ETF $SCHD

Empirical Asset Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 29,948 shares of the company’s stock, valued at approximately $818,000.

Other institutional investors have also recently bought and sold shares of the company. Ellis Investment Partners LLC boosted its position in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after purchasing an additional 375 shares in the last quarter. Harbor Group Inc. lifted its holdings in Schwab US Dividend Equity ETF by 4.8% during the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after acquiring an additional 383 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 5.6% during the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after acquiring an additional 383 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in Schwab US Dividend Equity ETF by 3.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after acquiring an additional 402 shares during the period. Finally, Harbor Investment Advisory LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the third quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock worth $394,000 after acquiring an additional 410 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $31.51 on Thursday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.88. The firm has a market cap of $82.88 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock’s 50-day moving average is $29.43 and its 200-day moving average is $28.03.

About Schwab US Dividend Equity ETF

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.