Clayton Financial Group LLC Invests $576,000 in Schwab US Dividend Equity ETF $SCHD

Clayton Financial Group LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 21,000 shares of the company’s stock, valued at approximately $576,000.

Other large investors also recently modified their holdings of the company. Biltmore Family Office LLC lifted its position in shares of Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares in the last quarter. Triumph Capital Management acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $33,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $35,000. Reyes Financial Architecture Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 1,903.1% during the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $36,000.

Schwab US Dividend Equity ETF Trading Down 0.3%

Shares of SCHD stock opened at $30.56 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.95. The firm’s 50 day moving average is $30.95 and its 200-day moving average is $28.71. The firm has a market capitalization of $84.62 billion, a price-to-earnings ratio of 14.57 and a beta of 0.74.

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.