Moloney Securities Asset Management LLC Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Moloney Securities Asset Management LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 192.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,984 shares of the company’s stock after purchasing an additional 20,404 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $846,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Central Pacific Bank Trust Division increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during 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 acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter worth $26,000. IFS Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 184.4% during 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 acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th 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 Stock Performance

SCHD stock opened at $27.56 on Monday. The company’s 50 day moving average price is $27.85 and its 200 day moving average price is $27.98. The firm has a market capitalization of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. 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.