St. Louis Trust Co Has $341,000 Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

St. Louis Trust Co raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,465 shares of the company’s stock after acquiring an additional 8,310 shares during the quarter. St. Louis Trust Co’s holdings in Schwab US Dividend Equity ETF were worth $341,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SCHD. JPMorgan Chase & Co. raised its position in shares of Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares during the period. GAMMA Investing LLC raised its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth $163,000. Tenon Financial LLC grew its holdings in Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. grew its holdings in Schwab US Dividend Equity ETF by 195.0% during the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after buying an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 2.3 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.74 on Wednesday. The stock has a fifty day simple moving average of $27.88 and a 200 day simple moving average of $28.14. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The company has a market capitalization of $68.80 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.