Bailard Inc. Purchases 19,998 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Bailard Inc. grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 172.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,564 shares of the company’s stock after purchasing an additional 19,998 shares during the period. Bailard Inc.’s holdings in Schwab US Dividend Equity ETF were worth $862,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHD. JPMorgan Chase & Co. grew its holdings in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $163,000. Tenon Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 200.1% in the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 195.0% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after acquiring an additional 17,305 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.40 on Tuesday. The business has a 50-day moving average of $27.80 and a 200 day moving average of $28.12. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The stock has a market capitalization of $69.58 billion, a PE ratio of 17.48 and a beta of 0.88.

Schwab US Dividend Equity ETF Company 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.