Woodmont Investment Counsel LLC Has $340,000 Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Woodmont Investment Counsel LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 403.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,445 shares of the company’s stock after purchasing an additional 9,975 shares during the period. Woodmont Investment Counsel LLC’s holdings in Schwab US Dividend Equity ETF were worth $340,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Central Pacific Bank Trust Division lifted its position 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 buying an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC raised its holdings in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares in the last quarter. PFG Private Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares during the last quarter. Finally, IFS Advisors LLC grew its stake in 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 purchasing an additional 699 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.2 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.09 on Tuesday. The stock has a market cap of $69.66 billion, a P/E ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The business’s 50 day moving average is $27.97 and its 200-day moving average is $28.13.

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.