Costello Asset Management INC Has $1.72 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Costello Asset Management INC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 476.5% during the fourth quarter, Holdings Channel reports. The firm owned 62,832 shares of the company’s stock after buying an additional 51,933 shares during the period. Costello Asset Management INC’s holdings in Schwab US Dividend Equity ETF were worth $1,717,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Colorado Capital Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after buying an additional 121 shares in the last quarter. Sunflower Bank N.A. lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after acquiring an additional 185 shares during the period. Sound Income Strategies LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 12.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after purchasing an additional 191 shares in the last quarter. waypoint wealth counsel grew its holdings in shares of Schwab US Dividend Equity ETF by 0.9% in the 3rd quarter. waypoint wealth counsel now owns 24,844 shares of the company’s stock worth $2,100,000 after purchasing an additional 215 shares during the last quarter. Finally, Quent Capital LLC increased its position in shares of Schwab US Dividend Equity ETF by 86.6% during the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after purchasing an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.5 %

NYSEARCA:SCHD opened at $27.83 on Friday. The firm has a market cap of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The company’s 50-day moving average price is $28.05 and its two-hundred day moving average price is $27.94.

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.