Commerce Bank Purchases 80,726 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Commerce Bank lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 191.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 122,812 shares of the company’s stock after purchasing an additional 80,726 shares during the period. Commerce Bank’s holdings in Schwab US Dividend Equity ETF were worth $3,355,000 as of its most recent filing with the SEC.

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

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $25.42 on Monday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The firm has a market cap of $65.58 billion, a PE ratio of 15.04 and a beta of 0.83. The stock’s 50 day simple moving average is $27.23 and its 200 day simple moving average is $27.87.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.