DAVENPORT & Co LLC Purchases 38,866 Shares of Schwab US Dividend Equity ETF $SCHD

DAVENPORT & Co LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 627,914 shares of the company’s stock after purchasing an additional 38,866 shares during the period. DAVENPORT & Co LLC’s holdings in Schwab US Dividend Equity ETF were worth $17,224,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHD. Biltmore Family Office LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares during the last quarter. Triumph Capital Management bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $33,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $35,000. Reyes Financial Architecture Inc. raised its position in Schwab US Dividend Equity ETF by 1,903.1% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth $36,000.

Schwab US Dividend Equity ETF Stock Down 0.3%

Schwab US Dividend Equity ETF stock opened at $30.54 on Thursday. The firm has a fifty day simple moving average of $30.68 and a two-hundred day simple moving average of $28.51. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $31.95. The company has a market capitalization of $80.33 billion, a PE 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.