Carnegie Investment Counsel Has $6.57 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Carnegie Investment Counsel lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 240,564 shares of the company’s stock after acquiring an additional 161,493 shares during the period. Carnegie Investment Counsel’s holdings in Schwab US Dividend Equity ETF were worth $6,572,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Central Pacific Bank Trust Division raised its holdings in 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 worth $25,000 after purchasing an additional 604 shares during the last quarter. IFS Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 184.4% in the fourth 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. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $31,000. Barrett & Company Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Finally, Legacy Investment Solutions LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000.

Schwab US Dividend Equity ETF Trading Up 0.6 %

Schwab US Dividend Equity ETF stock opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.03 and a 1-year high of $29.72. The company has a market cap of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. The company has a fifty day simple moving average of $28.19 and a 200 day simple moving average of $27.81.

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.