Thompson Davis & CO. Inc. Acquires 11,635 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Thompson Davis & CO. Inc. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 231.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,658 shares of the company’s stock after acquiring an additional 11,635 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in Schwab US Dividend Equity ETF were worth $455,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares during the period. GAMMA Investing LLC grew its stake in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $163,000. Tenon Financial LLC grew its stake in Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. grew its stake in Schwab US Dividend Equity ETF by 195.0% during the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after buying an additional 17,305 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.21 on Friday. The stock has a market capitalization of $69.11 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The firm’s 50-day moving average price is $27.69 and its two-hundred day moving average price is $28.02.

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.