Avalon Capital Management Acquires 20,700 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Avalon Capital Management raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,050 shares of the company’s stock after purchasing an additional 20,700 shares during the quarter. Avalon Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $848,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SCHD. JPMorgan Chase & Co. raised its position in shares of Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after acquiring an additional 104,855 shares during the last quarter. GAMMA Investing LLC raised its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after acquiring an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $163,000. Tenon Financial LLC raised its holdings in Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after acquiring an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. raised its holdings in Schwab US Dividend Equity ETF by 195.0% during the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after acquiring an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $28.26 on Tuesday. The business’s 50-day simple moving average is $27.69 and its 200 day simple moving average is $28.05. The firm has a market capitalization of $69.24 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

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.