Basso Capital Management L.P. Purchases New Shares in Schwab US Dividend Equity ETF $SCHD

Basso Capital Management L.P. acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 17,534 shares of the company’s stock, valued at approximately $481,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of SCHD. Colorado Capital Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 0.9% during the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after buying an additional 362 shares in the last quarter. International Private Wealth Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.3% during the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after buying an additional 397 shares during the period. Archer Investment Corp grew its holdings in Schwab US Dividend Equity ETF by 5.0% during the fourth quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after purchasing an additional 404 shares during the period. Semus Wealth Partners LLC raised its stake in Schwab US Dividend Equity ETF by 0.8% during the 4th quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock worth $1,398,000 after buying an additional 411 shares during the period. Finally, Joel Isaacson & Co. LLC raised its position in shares of Schwab US Dividend Equity ETF by 1.0% during the fourth quarter. Joel Isaacson & Co. LLC now owns 42,866 shares of the company’s stock worth $1,176,000 after purchasing an additional 411 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $31.93 on Thursday. The firm has a market cap of $90.64 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a twelve month low of $26.16 and a twelve month high of $32.92. The firm’s 50 day moving average price is $31.79 and its two-hundred day moving average price is $30.37.

About Schwab US Dividend Equity ETF

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.