FLC Capital Advisors Grows Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

FLC Capital Advisors increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 194.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 187,024 shares of the company’s stock after purchasing an additional 123,526 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 1.2% of FLC Capital Advisors’ investment portfolio, making the stock its 22nd largest position. FLC Capital Advisors’ holdings in Schwab US Dividend Equity ETF were worth $5,109,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division grew its holdings 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 buying an additional 604 shares in the last quarter. IFS Advisors LLC grew its stake 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 valued at $29,000 after acquiring an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Barrett & Company Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $34,000. Finally, Legacy Investment Solutions LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $34,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $27.99 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $25.03 and a 1 year high of $29.72. The firm has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. The business has a 50 day simple moving average of $28.19 and a 200-day simple moving average of $27.84.

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.