Concord Asset Management LLC VA Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Concord Asset Management LLC VA raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 265.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 111,322 shares of the company’s stock after buying an additional 80,885 shares during the quarter. Concord Asset Management LLC VA’s holdings in Schwab US Dividend Equity ETF were worth $3,041,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Central Pacific Bank Trust Division grew its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at $26,000. IFS Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 184.4% in the 4th 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. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Finally, Olistico Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.5 %

SCHD opened at $27.83 on Friday. The firm has a market capitalization of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s 50 day moving average is $28.05 and its 200-day moving average is $27.94. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72.

Schwab US Dividend Equity ETF Company 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.