419,845 Shares in Schwab US Dividend Equity ETF $SCHD Bought by Gilbert Capital Group Inc.

Gilbert Capital Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 419,845 shares of the company’s stock, valued at approximately $12,881,000. Schwab US Dividend Equity ETF makes up approximately 10.0% of Gilbert Capital Group Inc.’s investment portfolio, making the stock its 3rd biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. grew its position in shares of 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 last quarter. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $25,000. Field & Main Bank acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $33,000.

Schwab US Dividend Equity ETF Trading Up 0.4%

Shares of SCHD stock opened at $32.02 on Wednesday. The business’s fifty day simple moving average is $31.88 and its 200-day simple moving average is $30.49. The company has a market cap of $90.90 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.92.

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.