Transcendent Capital Group LLC Purchases 2,745 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Transcendent Capital Group LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 175.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,313 shares of the company’s stock after acquiring an additional 2,745 shares during the period. Transcendent Capital Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $118,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Highland Capital Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $356,000. Modera Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 5.9% in the 3rd quarter. Modera Wealth Management LLC now owns 10,983 shares of the company’s stock worth $928,000 after purchasing an additional 609 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of Schwab US Dividend Equity ETF by 12.2% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,160 shares of the company’s stock valued at $1,535,000 after buying an additional 1,978 shares during the period. Inscription Capital LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 6.7% during the 3rd quarter. Inscription Capital LLC now owns 40,932 shares of the company’s stock valued at $3,460,000 after buying an additional 2,555 shares during the period. Finally, Welch Group LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $218,000.

Schwab US Dividend Equity ETF Stock Up 0.2 %

Schwab US Dividend Equity ETF stock opened at $28.26 on Tuesday. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The company has a market cap of $69.24 billion, a P/E ratio of 17.48 and a beta of 0.88. The business has a 50-day simple moving average of $27.69 and a two-hundred day simple moving average of $28.05.

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.