West Bancorporation Inc. Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

West Bancorporation Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 193.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 59,238 shares of the company’s stock after acquiring an additional 39,085 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.1% of West Bancorporation Inc.’s portfolio, making the stock its 21st largest position. West Bancorporation Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,618,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SCHD. Central Pacific Bank Trust Division lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $26,000. IFS Advisors LLC raised its position in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Finally, Olistico Wealth LLC increased its position in shares of Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.83 on Friday. The firm has a market capitalization of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. The stock’s fifty day moving average is $28.05 and its 200 day moving average is $27.94. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

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.