Moisand Fitzgerald Tamayo LLC Grows Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Moisand Fitzgerald Tamayo LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 294.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,041 shares of the company’s stock after purchasing an additional 777 shares during the period. Moisand Fitzgerald Tamayo LLC’s holdings in Schwab US Dividend Equity ETF were worth $28,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division lifted its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th 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 in the last quarter. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at about $26,000. IFS Advisors LLC lifted 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 purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC lifted 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 worth $31,000 after acquiring an additional 748 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.21 on Monday. The firm has a market cap of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The firm’s 50-day simple moving average is $27.69 and its 200-day simple moving average is $28.05.

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.