International Assets Investment Management LLC Makes New Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

International Assets Investment Management LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 53,049 shares of the company’s stock, valued at approximately $1,446,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Natixis Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 21.5% during the 2nd quarter. Natixis Advisors LLC now owns 17,206 shares of the company’s stock worth $1,338,000 after buying an additional 3,042 shares during the last quarter. National Bank of Canada FI lifted its position in Schwab US Dividend Equity ETF by 3.9% in the second quarter. National Bank of Canada FI now owns 42,251 shares of the company’s stock valued at $3,267,000 after acquiring an additional 1,600 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Schwab US Dividend Equity ETF in the second quarter valued at $72,000. Coldstream Capital Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 6.9% during the second quarter. Coldstream Capital Management Inc. now owns 11,056 shares of the company’s stock worth $860,000 after purchasing an additional 715 shares during the last quarter. Finally, Headlands Technologies LLC increased its position in shares of Schwab US Dividend Equity ETF by 212.5% during the second quarter. Headlands Technologies LLC now owns 12,195 shares of the company’s stock worth $948,000 after purchasing an additional 8,293 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.2 %

Shares of NYSEARCA SCHD opened at $27.32 on Thursday. The business has a 50-day moving average price of $28.33 and a 200 day moving average price of $27.74. The stock has a market cap of $19.16 billion, a PE ratio of 15.04 and a beta of 0.74. 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.