Arsenal Capital Advisors LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Arsenal Capital Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 33,958 shares of the company’s stock, valued at approximately $931,000.

Other large investors have also recently made changes to their positions in the company. Sumitomo Life Insurance Co. purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $847,665,000. Cibc World Market Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 243.5% in the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock worth $145,471,000 after buying an additional 3,777,339 shares during the period. Cassaday & Co Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after acquiring an additional 3,170,728 shares in the last quarter. Keudell Morrison Wealth Management bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $43,773,000. Finally, Evergreen Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $41,630,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $32.30 on Friday. The stock has a market cap of $91.69 billion, a PE ratio of 14.57 and a beta of 0.67. The firm’s 50-day simple moving average is $31.49 and its two-hundred day simple moving average is $30.05. Schwab US Dividend Equity ETF has a fifty-two week low of $26.16 and a fifty-two week high of $32.91.

Schwab US Dividend Equity ETF 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.