Caprock Group LLC Buys Shares of 174,354 Schwab US Dividend Equity ETF $SCHD

Caprock Group LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 174,354 shares of the company’s stock, valued at approximately $4,868,000.

Several other large investors also recently added to or reduced their stakes in the company. Biltmore Family Office LLC boosted its position in 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 during the period. Independence Bank of Kentucky bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $41,000. True Wealth Design LLC lifted its position in shares of Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after acquiring an additional 450 shares in the last quarter. Total Investment Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth $43,000. Finally, Morton Brown Family Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 41.2% in the third quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock worth $45,000 after acquiring an additional 477 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $31.64 on Thursday. The business’s fifty day moving average is $28.65 and its 200 day moving average is $27.69. The firm has a market cap of $83.22 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.74.

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.