Galvin Gaustad & Stein LLC Buys 35,500 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Galvin Gaustad & Stein LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,487 shares of the company’s stock after acquiring an additional 35,500 shares during the period. Galvin Gaustad & Stein LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,461,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of SCHD. Vanguard Personalized Indexing Management LLC increased its position in Schwab US Dividend Equity ETF by 6.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,593 shares of the company’s stock worth $513,000 after buying an additional 392 shares during the last quarter. Insigneo Advisory Services LLC increased its position in Schwab US Dividend Equity ETF by 27.6% during the second quarter. Insigneo Advisory Services LLC now owns 36,531 shares of the company’s stock worth $2,885,000 after buying an additional 7,909 shares during the last quarter. Squarepoint Ops LLC increased its position in Schwab US Dividend Equity ETF by 16.7% during the second quarter. Squarepoint Ops LLC now owns 51,222 shares of the company’s stock worth $3,983,000 after buying an additional 7,342 shares during the last quarter. AQR Capital Management LLC acquired a new position in Schwab US Dividend Equity ETF during the second quarter worth approximately $879,000. Finally, Drucker Wealth 3.0 LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $271,000.

Schwab US Dividend Equity ETF Trading Up 0.1 %

Schwab US Dividend Equity ETF stock opened at $27.96 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The stock’s 50 day moving average is $28.15 and its 200-day moving average is $27.87. The company has a market capitalization of $19.61 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.