MONECO Advisors LLC Has $11.33 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

MONECO Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 414,622 shares of the company’s stock after buying an additional 276,088 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 1.2% of MONECO Advisors LLC’s investment portfolio, making the stock its 18th largest position. MONECO Advisors LLC owned approximately 0.06% of Schwab US Dividend Equity ETF worth $11,327,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Central Pacific Bank Trust Division increased its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $26,000. IFS Advisors LLC increased its position in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the last quarter. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $31,000. Finally, Olistico Wealth LLC increased its position in Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after buying an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4 %

Shares of NYSEARCA SCHD opened at $28.21 on Friday. The business’s 50 day moving average price is $27.69 and its two-hundred day moving average price is $28.03. The company has a market cap of $69.11 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve 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.