Vima LLC Buys Shares of 1,562 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Vima LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,562 shares of the company’s stock, valued at approximately $119,000.

Other hedge funds also recently modified their holdings of the company. AMG National Trust Bank grew its holdings in shares of Schwab US Dividend Equity ETF by 0.3% in the 4th quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock worth $3,639,000 after acquiring an additional 130 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock valued at $364,000 after buying an additional 135 shares in the last quarter. Grey Street Capital LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.0% during the fourth quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock valued at $1,035,000 after buying an additional 136 shares in the last quarter. Zullo Investment Group Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Zullo Investment Group Inc. now owns 32,014 shares of the company’s stock valued at $2,437,000 after buying an additional 144 shares in the last quarter. Finally, StrategIQ Financial Group LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.0% during the fourth quarter. StrategIQ Financial Group LLC now owns 14,156 shares of the company’s stock valued at $1,078,000 after buying an additional 145 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4 %

Shares of NYSEARCA:SCHD traded down $0.32 on Friday, reaching $76.79. The company had a trading volume of 3,159,241 shares, compared to its average volume of 3,336,125. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The stock has a 50-day moving average price of $77.98 and a 200 day moving average price of $77.24. The stock has a market capitalization of $53.87 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.