Firestone Capital Management Has $665,000 Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Firestone Capital Management grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,738 shares of the company’s stock after purchasing an additional 1,046 shares during the quarter. Firestone Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $665,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHD. Raleigh Capital Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $28,000. Bear Mountain Capital Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $34,000. Howe & Rusling Inc. raised its position in Schwab US Dividend Equity ETF by 209.8% in the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after purchasing an additional 344 shares during the last quarter. Carmel Capital Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $39,000. Finally, Venturi Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $44,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock traded down $0.93 during midday trading on Tuesday, reaching $76.99. The company had a trading volume of 2,408,060 shares, compared to its average volume of 3,594,300. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82. The stock has a fifty day moving average price of $78.32 and a 200 day moving average price of $75.31. The firm has a market cap of $53.86 billion, a PE ratio of 14.82 and a beta of 0.77.

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.