Ledyard National Bank Has $8.99 Million Stock Position in Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD)

Ledyard National Bank increased its stake in shares of Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) by 6.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 118,104 shares of the company’s stock after purchasing an additional 7,580 shares during the period. Ledyard National Bank’s holdings in Schwab U.S. Dividend Equity ETF were worth $8,991,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. bought a new position in Schwab U.S. Dividend Equity ETF during the 4th quarter worth approximately $228,390,000. International Assets Investment Management LLC bought a new position in shares of Schwab U.S. Dividend Equity ETF during the fourth quarter worth $89,561,000. LPL Financial LLC grew its holdings in shares of Schwab U.S. Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after buying an additional 503,970 shares during the period. DDD Partners LLC raised its stake in Schwab U.S. Dividend Equity ETF by 12,161.9% during the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock worth $37,163,000 after buying an additional 484,167 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Schwab U.S. Dividend Equity ETF by 34.1% during the third quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock worth $132,545,000 after acquiring an additional 476,951 shares in the last quarter.

Schwab U.S. Dividend Equity ETF Stock Performance

NYSEARCA:SCHD traded up $0.44 on Monday, reaching $77.92. The company’s stock had a trading volume of 2,473,132 shares, compared to its average volume of 3,608,732. The firm has a market cap of $54.51 billion, a PE ratio of 14.82 and a beta of 0.77. The business’s 50-day moving average price is $78.31 and its two-hundred day moving average price is $75.26. Schwab U.S. Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82.

Schwab U.S. 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.