Westside Investment Management Inc. Invests $32,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Westside Investment Management Inc. purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 400 shares of the company’s stock, valued at approximately $32,000.

A number of other institutional investors also recently made changes to their positions in SCHD. FMR LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 22.7% in the 3rd quarter. FMR LLC now owns 64,312 shares of the company’s stock worth $4,551,000 after acquiring an additional 11,906 shares during the period. Natixis Advisors L.P. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $723,000. O Shaughnessy Asset Management LLC lifted its stake in Schwab US Dividend Equity ETF by 151.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 1,385 shares of the company’s stock valued at $98,000 after purchasing an additional 834 shares during the last quarter. Trexquant Investment LP acquired a new stake in Schwab US Dividend Equity ETF during the third quarter valued at approximately $512,000. Finally, Tower Research Capital LLC TRC lifted its stake in Schwab US Dividend Equity ETF by 6,038.2% during the third quarter. Tower Research Capital LLC TRC now owns 13,995 shares of the company’s stock valued at $990,000 after purchasing an additional 13,767 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $77.18 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The firm has a market cap of $54.14 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a 50 day simple moving average of $78.09 and a 200 day simple moving average of $77.64.

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.