Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 188,875 shares of the company’s stock after buying an additional 3,647 shares during the period. Pallas Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,160,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SCHD. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $72,000. Oppenheimer Asset Management Inc. grew its position in Schwab US Dividend Equity ETF by 45.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 58,752 shares of the company’s stock worth $4,569,000 after purchasing an additional 18,220 shares during the period. Evergreen Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 3.7% during the 2nd quarter. Evergreen Advisors LLC now owns 445,174 shares of the company’s stock valued at $34,617,000 after buying an additional 15,909 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $209,000. Finally, Fairfield Financial Advisors LTD purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth about $39,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock traded up $0.29 during midday trading on Monday, hitting $27.30. 17,793,006 shares of the company were exchanged, compared to its average volume of 17,316,633. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The firm has a market capitalization of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74. The business has a fifty day simple moving average of $28.29 and a two-hundred day simple moving average of $27.77.

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.