Copley Financial Group Inc. Makes New Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Copley Financial Group Inc. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, Holdings Channel reports. The firm bought 3,353 shares of the company’s stock, valued at approximately $283,000.

A number of other large investors also recently made changes to their positions in SCHD. Bank of New York Mellon Corp increased its position in Schwab US Dividend Equity ETF by 41.7% during the second quarter. Bank of New York Mellon Corp now owns 235,964 shares of the company’s stock worth $18,349,000 after acquiring an additional 69,484 shares during the period. Graypoint LLC grew its position in shares of Schwab US Dividend Equity ETF by 9.0% during the 2nd quarter. Graypoint LLC now owns 2,958 shares of the company’s stock worth $230,000 after purchasing an additional 244 shares in the last quarter. Summit Financial LLC bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth approximately $606,000. Natixis Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 21.5% in the second quarter. Natixis Advisors LLC now owns 17,206 shares of the company’s stock valued at $1,338,000 after buying an additional 3,042 shares in the last quarter. Finally, Carret Asset Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 14.7% in the second quarter. Carret Asset Management LLC now owns 5,462 shares of the company’s stock valued at $425,000 after buying an additional 700 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.32 on Wednesday. The company has a market capitalization of $19.16 billion, a P/E ratio of 15.04 and a beta of 0.74. The business’s 50 day simple moving average is $28.44 and its 200 day simple moving average is $27.70. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72.

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.