Baer Investment Advisory LLC Invests $46.85 Million in Schwab US Dividend Equity ETF $SCHD

Baer Investment Advisory LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 1,526,950 shares of the company’s stock, valued at approximately $46,847,000. Schwab US Dividend Equity ETF makes up 5.8% of Baer Investment Advisory LLC’s holdings, making the stock its 2nd largest position.

A number of other hedge funds have also modified their holdings of the business. Mountain Hill Investment Partners Corp. raised its holdings 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 valued at $25,000 after acquiring an additional 832 shares during the last quarter. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $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 acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Finally, Triumph Capital Management acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $33,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.39 on Friday. The business has a 50-day moving average of $32.06 and a 200 day moving average of $30.72. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $32.92. The stock has a market capitalization of $97.46 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.