GPM Growth Investors Inc. Has $2.75 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

GPM Growth Investors Inc. increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 100,761 shares of the company’s stock after buying an additional 67,441 shares during the quarter. GPM Growth Investors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $31,000. Galvin Gaustad & Stein LLC increased its stake in shares of Schwab US Dividend Equity ETF by 2.1% during the third quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock valued at $1,520,000 after buying an additional 377 shares during the period. Phillips Financial Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after buying an additional 391 shares during the period. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $34,000. Finally, Anchor Investment Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after buying an additional 428 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $28.05 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The stock has a market capitalization of $68.72 billion, a PE ratio of 17.48 and a beta of 0.88. The stock’s 50 day moving average price is $27.82 and its 200-day moving average price is $28.12.

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.