Avalon Trust Co Increases Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Avalon Trust Co lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the fourth quarter, HoldingsChannel reports. The firm owned 3,420 shares of the company’s stock after buying an additional 2,280 shares during the period. Avalon Trust Co’s holdings in Schwab US Dividend Equity ETF were worth $93,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Phillips Financial Management LLC lifted its holdings 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 worth $56,000 after purchasing an additional 391 shares during the period. Legacy Investment Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $34,000. Anchor Investment Management LLC lifted its holdings 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 worth $3,256,000 after purchasing an additional 428 shares during the period. Stonebridge Financial Planning Group LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.7% during the third quarter. Stonebridge Financial Planning Group LLC now owns 25,276 shares of the company’s stock worth $2,137,000 after purchasing an additional 430 shares during the period. Finally, Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $38,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.64 on Friday. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The business has a fifty day moving average of $27.89 and a two-hundred day moving average of $28.13. The company has a market cap of $68.55 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.