Argent Capital Management LLC Acquires Shares of 1,086,931 Schwab US Dividend Equity ETF $SCHD

Argent Capital Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,086,931 shares of the company’s stock, valued at approximately $29,815,000.

Several other large investors also recently modified their holdings of the stock. Biltmore Family Office LLC raised its stake in Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares in the last quarter. Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $33,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $35,000. Reyes Financial Architecture Inc. increased its holdings in Schwab US Dividend Equity ETF by 1,903.1% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after buying an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $36,000.

Schwab US Dividend Equity ETF Trading Up 0.0%

Shares of NYSEARCA:SCHD opened at $30.59 on Friday. The firm has a 50 day moving average of $30.53 and a 200-day moving average of $28.42. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95. The stock has a market capitalization of $80.46 billion, a PE ratio of 14.57 and a beta of 0.77.

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.