Tudor Financial Inc. Purchases 149,745 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Tudor Financial Inc. boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 224,424 shares of the company’s stock after acquiring an additional 149,745 shares during the period. Schwab US Dividend Equity ETF makes up approximately 3.6% of Tudor Financial Inc.’s portfolio, making the stock its 5th largest position. Tudor Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $6,131,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its stake in shares of Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after acquiring an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF in the third quarter worth about $163,000. Synovus Financial Corp raised its holdings in shares of Schwab US Dividend Equity ETF by 148.1% during the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after buying an additional 25,380 shares during the last quarter. Finally, Anchor Investment Management LLC raised 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 valued at $3,256,000 after buying an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.99 on Tuesday. Schwab US Dividend Equity ETF has a 12 month low of $25.03 and a 12 month high of $29.72. The firm has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s 50 day simple moving average is $28.16 and its 200 day simple moving average is $27.85.

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.