Ascent Advisors LLC Makes New $784,000 Investment in Schwab US Dividend Equity ETF $SCHD

Ascent Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 25,542 shares of the company’s stock, valued at approximately $784,000. Schwab US Dividend Equity ETF comprises approximately 1.2% of Ascent Advisors LLC’s investment portfolio, making the stock its 20th biggest position.

A number of other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC increased its position in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares during the last quarter. Bison Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after purchasing an additional 155,769 shares during the period. Finally, United Bank grew its stake in shares of Schwab US Dividend Equity ETF by 5.0% in the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after purchasing an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $32.34 on Thursday. Schwab US Dividend Equity ETF has a 1 year low of $26.21 and a 1 year high of $32.92. The company has a market cap of $97.92 billion, a PE ratio of 14.57 and a beta of 0.68. The stock’s 50-day moving average is $32.13 and its 200 day moving average is $30.84.

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.