IRON Financial LLC Buys 48,756 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

IRON Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 210.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,920 shares of the company’s stock after purchasing an additional 48,756 shares during the period. Schwab US Dividend Equity ETF makes up 1.1% of IRON Financial LLC’s investment portfolio, making the stock its 22nd largest holding. IRON Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,965,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $34,000. Cassady Schiller Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $38,000. Finally, Quent Capital LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after purchasing an additional 240 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.4 %

Schwab US Dividend Equity ETF stock opened at $28.45 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The company has a market capitalization of $19.96 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock’s 50 day moving average is $28.10 and its 200 day moving average is $27.92.

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.