Choreo LLC Purchases 940,239 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Choreo LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 620.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,091,745 shares of the company’s stock after purchasing an additional 940,239 shares during the quarter. Choreo LLC owned about 0.16% of Schwab US Dividend Equity ETF worth $29,840,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares during the period. GAMMA Investing LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $163,000. Synovus Financial Corp grew its position in Schwab US Dividend Equity ETF by 148.1% in the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after acquiring an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC grew its position in Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after acquiring an additional 428 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.76 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The firm has a fifty day moving average of $27.98 and a 200 day moving average of $27.97. The firm has a market capitalization of $19.47 billion, a PE ratio of 15.04 and a beta of 0.74.

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.