Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Whitegate Investment Counselors Inc.

Whitegate Investment Counselors Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 247,566 shares of the company’s stock after acquiring an additional 1,171 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 5.7% of Whitegate Investment Counselors Inc.’s holdings, making the stock its 5th largest position. Whitegate Investment Counselors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $18,847,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. Raleigh Capital Management Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $28,000. Signature Resources Capital Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $32,000. Bear Mountain Capital Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $34,000. Howe & Rusling Inc. increased its holdings in Schwab US Dividend Equity ETF by 209.8% in the 3rd 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. Finally, Carmel Capital Partners LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $39,000.

Schwab US Dividend Equity ETF Trading Up 0.9 %

Schwab US Dividend Equity ETF stock traded up $0.70 during trading on Friday, hitting $77.97. The company had a trading volume of 2,613,230 shares, compared to its average volume of 3,569,934. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The company’s 50 day simple moving average is $78.31 and its 200-day simple moving average is $75.45. The stock has a market cap of $54.54 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77.

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.