Threadgill Financial LLC Invests $1.33 Million in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Threadgill Financial LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 17,485 shares of the company’s stock, valued at approximately $1,331,000. Schwab US Dividend Equity ETF comprises about 0.9% of Threadgill Financial LLC’s holdings, making the stock its 27th largest holding.

A number of other institutional investors have also recently bought and sold shares of the stock. Moneta Group Investment Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 104,751.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock valued at $3,977,523,000 after acquiring an additional 52,604,309 shares during the period. Cowa LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 6,644.7% during the first quarter. Cowa LLC now owns 6,270,318 shares of the company’s stock worth $6,059,000 after purchasing an additional 6,177,351 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Schwab US Dividend Equity ETF by 102.3% in the second quarter. Royal Bank of Canada now owns 3,829,139 shares of the company’s stock valued at $278,073,000 after buying an additional 1,935,958 shares in the last quarter. CI Private Wealth LLC acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $135,502,000. Finally, Dechtman Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $79,133,000.

Schwab US Dividend Equity ETF Stock Up 1.7 %

Shares of NYSEARCA:SCHD opened at $80.23 on Thursday. The company has a 50 day moving average of $77.72 and a two-hundred day moving average of $74.22. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.23. The company has a market capitalization of $52.81 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88.

Schwab US Dividend Equity ETF Company 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.