Patrick M Sweeney & Associates Inc. Purchases New Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Patrick M Sweeney & Associates Inc. acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 2,936 shares of the company’s stock, valued at approximately $224,000.

A number of other hedge funds have also made changes to their positions in SCHD. Raleigh Capital Management Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $28,000. Signature Resources Capital Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $32,000. Bear Mountain Capital Inc. purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $34,000. Howe & Rusling Inc. boosted its stake in Schwab US Dividend Equity ETF by 209.8% during the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after buying an additional 344 shares during the last quarter. Finally, Carmel Capital Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $39,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock traded up $0.11 during trading on Tuesday, hitting $78.24. 3,024,198 shares of the stock traded hands, compared to its average volume of 3,562,910. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82. The firm has a market capitalization of $54.73 billion, a P/E ratio of 14.82 and a beta of 0.77. The firm’s fifty day moving average price is $78.33 and its 200-day moving average price is $75.61.

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.