Argent Capital Management LLC Invests $1.49 Million in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Argent Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 19,569 shares of the company’s stock, valued at approximately $1,490,000.

Other large investors have also modified their holdings of the company. Raleigh Capital Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $28,000. Signature Resources Capital Management LLC purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $32,000. Bear Mountain Capital Inc. purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $34,000. Venturi Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $44,000. Finally, WestHill Financial Advisors Inc. raised its holdings in Schwab US Dividend Equity ETF by 106.3% in the third quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock valued at $44,000 after buying an additional 319 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD traded down $0.06 during mid-day trading on Wednesday, hitting $77.44. The company’s stock had a trading volume of 2,810,873 shares, compared to its average volume of 3,343,011. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82. The stock’s fifty day simple moving average is $78.06 and its two-hundred day simple moving average is $77.16. The firm has a market capitalization of $54.32 billion, a P/E ratio of 15.04 and a beta of 0.74.

About Schwab US Dividend Equity ETF

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.