Davidson Trust Co. Buys 6,820 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Davidson Trust Co. boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 40.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,491 shares of the company’s stock after acquiring an additional 6,820 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.2% of Davidson Trust Co.’s investment portfolio, making the stock its 24th biggest position. Davidson Trust Co.’s holdings in Schwab US Dividend Equity ETF were worth $1,788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Fortune 45 LLC boosted its position in shares of Schwab US Dividend Equity ETF by 3.6% during the first quarter. Fortune 45 LLC now owns 82,847 shares of the company’s stock valued at $6,535,000 after buying an additional 2,904 shares during the period. United Bank boosted its position in shares of Schwab US Dividend Equity ETF by 7.6% during the first quarter. United Bank now owns 47,346 shares of the company’s stock valued at $3,735,000 after buying an additional 3,357 shares during the period. MAS Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 32.9% during the first quarter. MAS Advisors LLC now owns 38,659 shares of the company’s stock valued at $3,087,000 after buying an additional 9,564 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Schwab US Dividend Equity ETF by 10.0% during the first quarter. Bank of New York Mellon Corp now owns 29,004 shares of the company’s stock valued at $2,288,000 after buying an additional 2,629 shares during the period. Finally, Citigroup Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 53.4% during the first quarter. Citigroup Inc. now owns 50,347 shares of the company’s stock valued at $3,972,000 after buying an additional 17,526 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD traded up $0.68 during trading hours on Friday, hitting $76.49. 1,506,829 shares of the company’s stock traded hands, compared to its average volume of 3,645,230. The firm has a market capitalization of $53.60 billion, a P/E ratio of 15.00 and a beta of 0.79. The business has a fifty day moving average price of $78.22 and a 200-day moving average price of $74.87. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82.

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.