FineMark National Bank & Trust Has $711,000 Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

FineMark National Bank & Trust grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 195.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,007 shares of the company’s stock after acquiring an additional 17,198 shares during the period. FineMark National Bank & Trust’s holdings in Schwab US Dividend Equity ETF were worth $711,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in SCHD. Central Pacific Bank Trust Division lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during 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 period. Hoese & Co LLP bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after purchasing an additional 777 shares during the period. PFG Private Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares in the last quarter. Finally, IFS Advisors LLC grew its stake 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 valued at $29,000 after buying an additional 699 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.84 on Wednesday. The business has a 50-day simple moving average of $27.98 and a 200 day simple moving average of $28.14. The firm has a market capitalization of $69.04 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year 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.