Fulton Bank N.A. Invests $508,000 in Schwab US Dividend Equity ETF $SCHD

Fulton Bank N.A. acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to its most recent filing with the SEC. The fund acquired 18,624 shares of the company’s stock, valued at approximately $508,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Kozak & Associates Inc. increased its position in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the period. Financial Management Professionals Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares during the period. PrairieView Partners LLC grew its stake in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after acquiring an additional 467 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $39,000. Finally, Independence Bank of Kentucky bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $41,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.73 on Monday. The firm has a fifty day moving average price of $27.28 and a two-hundred day moving average price of $27.21. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84. The company has a market cap of $72.34 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.