Ironwood Financial llc Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ironwood Financial llc grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 413.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,391 shares of the company’s stock after purchasing an additional 13,201 shares during the period. Ironwood Financial llc’s holdings in Schwab US Dividend Equity ETF were worth $448,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHD. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Legacy Investment Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $34,000. Barrett & Company Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $38,000. Finally, Quent Capital LLC increased its stake in Schwab US Dividend Equity ETF by 86.6% in the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after purchasing an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.99 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72. The stock’s fifty day moving average is $28.19 and its two-hundred day moving average is $27.84. The firm has a market capitalization of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.