Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Fortitude Family Office LLC

Fortitude Family Office LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 89.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,985 shares of the company’s stock after purchasing an additional 1,410 shares during the quarter. Fortitude Family Office LLC’s holdings in Schwab US Dividend Equity ETF were worth $82,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Ashton Thomas Private Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF in the 2nd quarter valued at about $72,000. Johnson Investment Counsel Inc. grew its stake in Schwab US Dividend Equity ETF by 0.8% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 38,479 shares of the company’s stock valued at $2,992,000 after acquiring an additional 300 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in Schwab US Dividend Equity ETF by 10.7% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 118,756 shares of the company’s stock valued at $9,234,000 after acquiring an additional 11,518 shares during the last quarter. Thoroughbred Financial Services LLC lifted its holdings in Schwab US Dividend Equity ETF by 11.8% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 158,351 shares of the company’s stock valued at $12,313,000 after purchasing an additional 16,661 shares in the last quarter. Finally, Leelyn Smith LLC lifted its holdings in Schwab US Dividend Equity ETF by 5.3% in the 2nd quarter. Leelyn Smith LLC now owns 409,035 shares of the company’s stock valued at $31,807,000 after purchasing an additional 20,746 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.1 %

NYSEARCA:SCHD opened at $27.01 on Friday. The firm has a market cap of $18.95 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company’s 50-day moving average is $28.29 and its two-hundred day moving average is $27.75. Schwab US Dividend Equity ETF has a 12-month low of $24.97 and a 12-month high of $29.72.

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.