Janney Montgomery Scott LLC Has $43.16 Million Stake in Schwab US Dividend Equity ETF $SCHD

Janney Montgomery Scott LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 7.1% in the 1st quarter, HoldingsChannel reports. The firm owned 1,406,718 shares of the company’s stock after buying an additional 93,150 shares during the period. Janney Montgomery Scott LLC’s holdings in Schwab US Dividend Equity ETF were worth $43,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. boosted its stake in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the period. Merrithew & Thorsten Inc acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $33,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $32.09 on Monday. The company has a market cap of $91.09 billion, a P/E ratio of 14.57 and a beta of 0.67. The company’s 50 day moving average is $31.96 and its 200-day moving average is $30.58. Schwab US Dividend Equity ETF has a 1-year low of $26.21 and a 1-year high of $32.92.

Schwab US Dividend Equity ETF Company Profile

(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.

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