Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Islay Capital Management LLC’s Largest Position

Islay Capital Management LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 127,046 shares of the company’s stock after purchasing an additional 7,168 shares during the quarter. Schwab US Dividend Equity ETF accounts for 7.5% of Islay Capital Management LLC’s investment portfolio, making the stock its biggest holding. Islay Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,672,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Raleigh Capital Management Inc. purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $28,000. Bear Mountain Capital Inc. purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth $34,000. Howe & Rusling Inc. grew its holdings in Schwab US Dividend Equity ETF by 209.8% in the third 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. Carmel Capital Partners LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at $39,000. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth about $44,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD traded down $0.68 during mid-day trading on Tuesday, hitting $77.24. 1,473,067 shares of the company’s stock traded hands, compared to its average volume of 3,581,989. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82. The company has a market cap of $54.03 billion, a PE ratio of 14.82 and a beta of 0.77. The firm’s 50 day simple moving average is $78.32 and its 200 day simple moving average is $75.31.

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.