Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by GGM Financials LLC

GGM Financials LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.3% during the fourth quarter, Holdings Channel reports. The firm owned 17,403 shares of the company’s stock after acquiring an additional 11,627 shares during the period. GGM Financials LLC’s holdings in Schwab US Dividend Equity ETF were worth $475,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Sunflower Bank N.A. grew its position in Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after purchasing an additional 185 shares during the period. Sound Income Strategies LLC grew its holdings in Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after acquiring an additional 191 shares during the period. Johnson Bixby & Associates LLC raised its position in Schwab US Dividend Equity ETF by 7.4% during the third quarter. Johnson Bixby & Associates LLC now owns 4,241 shares of the company’s stock valued at $359,000 after acquiring an additional 294 shares in the last quarter. Argus Investors Counsel Inc. lifted its holdings in Schwab US Dividend Equity ETF by 8.0% in the third quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock valued at $403,000 after acquiring an additional 355 shares during the period. Finally, O ROURKE & COMPANY Inc boosted its position in Schwab US Dividend Equity ETF by 5.7% in the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after purchasing an additional 366 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.56 on Monday. The firm’s 50 day simple moving average is $27.85 and its 200-day simple moving average is $27.98. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The stock has a market capitalization of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.