Bell Bank Raises Position in Schwab US Dividend Equity ETF $SCHD

Bell Bank boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 53.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 104,155 shares of the company’s stock after buying an additional 36,212 shares during the period. Bell Bank’s holdings in Schwab US Dividend Equity ETF were worth $2,857,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHD. Biltmore Family Office LLC increased its position in shares of 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 worth $27,000 after purchasing an additional 524 shares during the last quarter. Triumph Capital Management bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at approximately $33,000. KERR FINANCIAL PLANNING Corp bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at approximately $35,000. Reyes Financial Architecture Inc. grew its stake 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 worth $36,000 after buying an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $36,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $30.44 on Friday. The company’s fifty day moving average price is $30.74 and its 200-day moving average price is $28.55. The firm has a market capitalization of $80.06 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.95.

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.