National Bank of Canada FI Buys 1,600 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

National Bank of Canada FI increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.9% in the second quarter, Holdings Channel.com reports. The firm owned 42,251 shares of the company’s stock after buying an additional 1,600 shares during the quarter. National Bank of Canada FI’s holdings in Schwab US Dividend Equity ETF were worth $3,267,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $1,176,000. Natixis Advisors L.P. increased its position in Schwab US Dividend Equity ETF by 36.7% in the 4th quarter. Natixis Advisors L.P. now owns 13,960 shares of the company’s stock valued at $1,062,000 after acquiring an additional 3,749 shares during the period. BNP Paribas Financial Markets bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $354,000. Ieq Capital LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.1% during the fourth quarter. Ieq Capital LLC now owns 5,780 shares of the company’s stock worth $440,000 after purchasing an additional 230 shares during the period. Finally, Savvy Advisors Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $573,000.

Schwab US Dividend Equity ETF Stock Up 0.1 %

Shares of NYSEARCA:SCHD opened at $83.06 on Wednesday. The firm has a market cap of $58.27 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $84.57. The business has a fifty day simple moving average of $81.22 and a 200 day simple moving average of $79.31.

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.