OMC Financial Services LTD Acquires 14,430 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

OMC Financial Services LTD raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 211.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 21,258 shares of the company’s stock after buying an additional 14,430 shares during the quarter. OMC Financial Services LTD’s holdings in Schwab US Dividend Equity ETF were worth $581,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SCHD. Central Pacific Bank Trust Division lifted its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth 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 period. Hoese & Co LLP bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $26,000. IFS Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC increased its position in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $27.56 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The firm has a 50-day moving average of $27.85 and a 200 day moving average of $27.98. The company has a market cap of $19.33 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.