Bell Bank Purchases 36,212 Shares of Schwab US Dividend Equity ETF $SCHD

Bell Bank lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 53.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 104,155 shares of the company’s stock after buying an additional 36,212 shares during the period. Bell Bank’s holdings in Schwab US Dividend Equity ETF were worth $2,857,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Rakuten Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $1,127,144,000. Sumitomo Life Insurance Co. purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $847,665,000. Cibc World Market Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 243.5% in the 3rd quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock worth $145,471,000 after acquiring an additional 3,777,339 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after acquiring an additional 1,217,005 shares during the last quarter. Finally, Lido Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $32,308,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $30.44 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95. The firm’s fifty day moving average is $30.74 and its 200 day moving average is $28.55. The firm has a market cap of $80.06 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.