Capital Investment Counsel LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Investment Counsel LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 235.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,356 shares of the company’s stock after buying an additional 85,221 shares during the quarter. Capital Investment Counsel LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,315,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Colorado Capital Management Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after purchasing an additional 121 shares in the last quarter. Ascent Group LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 1.2% in the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after purchasing an additional 145 shares during the period. Sunflower Bank N.A. boosted its holdings in Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after buying an additional 185 shares in the last quarter. Sound Income Strategies LLC grew its position in Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after buying an additional 191 shares during the period. Finally, waypoint wealth counsel grew its position in Schwab US Dividend Equity ETF by 0.9% during the third quarter. waypoint wealth counsel now owns 24,844 shares of the company’s stock worth $2,100,000 after buying an additional 215 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.3 %

SCHD stock opened at $28.07 on Wednesday. The firm has a 50 day moving average of $28.08 and a 200-day moving average of $27.94. The company has a market cap of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72.

Schwab US Dividend Equity ETF Company 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.