Bangor Savings Bank Raises Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Bangor Savings Bank increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 184.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,964 shares of the company’s stock after purchasing an additional 56,380 shares during the period. Bangor Savings Bank’s holdings in Schwab US Dividend Equity ETF were worth $2,376,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SCHD. Wulff Hansen & CO. increased its stake in shares of Schwab US Dividend Equity ETF by 8,405.3% during the 2nd quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock valued at $113,175,000 after acquiring an additional 1,438,322 shares during the last quarter. Burkett Financial Services LLC grew its holdings in Schwab US Dividend Equity ETF by 201.1% in the fourth quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock valued at $42,131,000 after purchasing an additional 1,030,031 shares during the period. Sanctuary Advisors LLC increased its position in Schwab US Dividend Equity ETF by 209.1% during the third quarter. Sanctuary Advisors LLC now owns 912,589 shares of the company’s stock worth $77,141,000 after purchasing an additional 617,308 shares during the last quarter. Allied Investment Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 18,100.5% during the third quarter. Allied Investment Advisors LLC now owns 477,398 shares of the company’s stock worth $40,354,000 after purchasing an additional 474,775 shares during the period. Finally, Waller Financial Planning Group Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 202.0% in the 4th quarter. Waller Financial Planning Group Inc. now owns 678,808 shares of the company’s stock valued at $18,545,000 after purchasing an additional 454,012 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.6 %

SCHD stock opened at $27.27 on Tuesday. The company has a market cap of $19.13 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a fifty day simple moving average of $28.38 and a 200-day simple moving average of $27.73. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 week high of $29.72.

About Schwab US Dividend Equity ETF

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.