LVM Capital Management Ltd. MI Purchases 83,043 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

LVM Capital Management Ltd. MI raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 207.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,036 shares of the company’s stock after acquiring an additional 83,043 shares during the period. LVM Capital Management Ltd. MI’s holdings in Schwab US Dividend Equity ETF were worth $3,361,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Central Pacific Bank Trust Division grew its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares during the last quarter. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $31,000. Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $34,000. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $34,000. Finally, Cassady Schiller Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $38,000.

Schwab US Dividend Equity ETF Price Performance

SCHD traded down $0.26 during trading on Friday, hitting $27.06. 14,848,961 shares of the stock traded hands, compared to its average volume of 15,926,090. The firm has a market capitalization of $18.98 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $24.97 and a 12-month high of $29.72. The firm has a 50-day moving average of $28.31 and a 200 day moving average of $27.74.

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.