McGrath & Associates Inc. Purchases Shares of 125,336 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

McGrath & Associates Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 125,336 shares of the company’s stock, valued at approximately $3,424,000. Schwab US Dividend Equity ETF makes up 6.9% of McGrath & Associates Inc.’s holdings, making the stock its 3rd biggest holding.

A number of other institutional investors also recently bought and sold shares of the stock. Central Pacific Bank Trust Division grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $26,000. Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after buying an additional 777 shares during the period. IFS Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Finally, Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at $31,000.

Schwab US Dividend Equity ETF Trading Down 1.1 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.15 on Thursday. The firm’s 50-day moving average price is $27.73 and its 200 day moving average price is $28.08. The firm has a market capitalization of $68.97 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72.

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.