Parkside Financial Bank & Trust Buys 3,351 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Parkside Financial Bank & Trust increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7,129.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,398 shares of the company’s stock after acquiring an additional 3,351 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Schwab US Dividend Equity ETF were worth $259,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whitaker Myers Wealth Managers LTD. increased its stake in shares of Schwab US Dividend Equity ETF by 12.3% in the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock valued at $15,475,000 after buying an additional 22,221 shares during the period. FMR LLC increased its stake in shares of Schwab US Dividend Equity ETF by 22.7% in the third quarter. FMR LLC now owns 64,312 shares of the company’s stock valued at $4,551,000 after buying an additional 11,906 shares during the period. M. Kulyk & Associates LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $514,000. Procyon Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 9.9% in the fourth quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock valued at $338,000 after buying an additional 401 shares during the period. Finally, Graypoint LLC increased its position in Schwab US Dividend Equity ETF by 5.4% during the 4th quarter. Graypoint LLC now owns 4,969 shares of the company’s stock valued at $378,000 after purchasing an additional 255 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.1 %

NYSEARCA:SCHD traded up $0.08 on Wednesday, reaching $77.85. 1,187,731 shares of the stock traded hands, compared to its average volume of 3,616,672. The firm has a market capitalization of $54.55 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79. The company’s 50 day moving average is $78.25 and its 200-day moving average is $75.11. 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.