Camden National Bank Purchases 16,663 Shares of Schwab US Dividend Equity ETF $SCHD

Camden National Bank lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,581 shares of the company’s stock after acquiring an additional 16,663 shares during the quarter. Camden National Bank’s holdings in Schwab US Dividend Equity ETF were worth $5,264,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Members Trust Co acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $211,000. 1ST Source Bank boosted its stake in Schwab US Dividend Equity ETF by 4.0% in the first quarter. 1ST Source Bank now owns 17,129 shares of the company’s stock worth $526,000 after purchasing an additional 660 shares in the last quarter. Wealthgarden F.S. LLC boosted its stake in Schwab US Dividend Equity ETF by 0.9% in the first quarter. Wealthgarden F.S. LLC now owns 82,240 shares of the company’s stock worth $2,523,000 after purchasing an additional 713 shares in the last quarter. Nwam LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 6.4% during the first quarter. Nwam LLC now owns 251,717 shares of the company’s stock worth $7,723,000 after purchasing an additional 15,052 shares during the last quarter. Finally, Beckerman Institutional LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 10.0% during the first quarter. Beckerman Institutional LLC now owns 140,799 shares of the company’s stock worth $4,320,000 after purchasing an additional 12,836 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $32.20 on Wednesday. The business has a fifty day moving average of $32.19 and a 200-day moving average of $30.97. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92. The firm has a market cap of $97.99 billion, a PE 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.