Eagle Capital Management LLC Grows Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Eagle Capital Management LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.3% during the first quarter, HoldingsChannel.com reports. The fund owned 864,599 shares of the company’s stock after purchasing an additional 2,234 shares during the period. Schwab US Dividend Equity ETF makes up about 0.1% of Eagle Capital Management LLC’s holdings, making the stock its 2nd biggest holding. Eagle Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $24,174,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth 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 lifted its stake in shares of 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 worth $28,000 after acquiring an additional 777 shares during the period. PFG Private Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after acquiring an additional 686 shares during the period. Mountain Hill Investment Partners Corp. acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $29,000. Finally, Morton Brown Family Wealth LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock worth $31,000 after acquiring an additional 768 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $26.95 on Wednesday. The stock’s 50 day moving average is $25.83 and its 200 day moving average is $27.23. The firm has a market cap of $70.07 billion, a P/E ratio of 15.93 and a beta of 0.82. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year 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.