Del Sette Capital Management LLC Invests $477,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Del Sette Capital Management LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 6,264 shares of the company’s stock, valued at approximately $477,000. Schwab US Dividend Equity ETF makes up 0.4% of Del Sette Capital Management LLC’s investment portfolio, making the stock its 22nd biggest holding.

Several other institutional investors also recently modified their holdings of SCHD. Raleigh Capital Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $28,000. Bear Mountain Capital Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $34,000. Howe & Rusling Inc. boosted its position in Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after acquiring an additional 344 shares during the last quarter. Carmel Capital Partners LLC acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $39,000. Finally, WestHill Financial Advisors Inc. boosted its position in Schwab US Dividend Equity ETF by 106.3% during the 3rd quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock worth $44,000 after acquiring an additional 319 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD traded down $0.08 during trading hours on Friday, reaching $77.48. 2,394,771 shares of the stock were exchanged, compared to its average volume of 3,622,651. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The firm has a 50 day moving average of $78.31 and a 200 day moving average of $75.26. The stock has a market cap of $54.20 billion, a PE ratio of 14.82 and a beta of 0.77.

Schwab US Dividend Equity ETF 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.