Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Boosted by Mendel Capital Management LLC

Mendel Capital Management LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 192.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 500,727 shares of the company’s stock after buying an additional 329,569 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 8.3% of Mendel Capital Management LLC’s holdings, making the stock its 3rd biggest holding. Mendel Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,680,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHD. Central Pacific Bank Trust Division increased 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 worth $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth $26,000. Ritter Daniher Financial Advisory LLC DE increased its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 650 shares in the last quarter. Moisand Fitzgerald Tamayo LLC raised its position in Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after purchasing an additional 777 shares during the period. Finally, PFG Private Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $25.67 on Friday. The firm has a market cap of $66.23 billion, a P/E ratio of 15.04 and a beta of 0.83. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The stock has a 50-day simple moving average of $27.00 and a 200-day simple moving average of $27.78.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.2488 per share. The ex-dividend date was Wednesday, March 26th.

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.