Catalyst Investment Management LLC Acquires Shares of 46,757 Schwab US Dividend Equity ETF $SCHD

Catalyst Investment Management LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 46,757 shares of the company’s stock, valued at approximately $1,283,000. Schwab US Dividend Equity ETF accounts for about 1.2% of Catalyst Investment Management LLC’s investment portfolio, making the stock its 21st largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Mountain Hill Investment Partners Corp. increased its stake in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at about $25,000. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at about $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth about $29,000. Finally, Triumph Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $33,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $31.86 on Friday. The firm’s 50 day simple moving average is $31.82 and its 200-day simple moving average is $30.40. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.92. The firm has a market cap of $90.44 billion, a PE ratio of 14.57 and a beta of 0.67.

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.