Global Trust Asset Management LLC Buys 5,340 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Global Trust Asset Management LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 233.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,625 shares of the company’s stock after buying an additional 5,340 shares during the quarter. Global Trust Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $213,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SCHD. Capital & Planning LLC lifted its position in shares of Schwab US Dividend Equity ETF by 128.2% during the 4th quarter. Capital & Planning LLC now owns 21,196 shares of the company’s stock worth $579,000 after buying an additional 11,906 shares during the period. Ironwood Wealth Management LLC. increased its holdings in Schwab US Dividend Equity ETF by 413.8% during the 4th quarter. Ironwood Wealth Management LLC. now owns 16,391 shares of the company’s stock valued at $448,000 after purchasing an additional 13,201 shares in the last quarter. Eagle Capital Management LLC increased its holdings in Schwab US Dividend Equity ETF by 204.9% during the 4th quarter. Eagle Capital Management LLC now owns 862,365 shares of the company’s stock valued at $23,560,000 after purchasing an additional 579,549 shares in the last quarter. Brighton Jones LLC increased its holdings in Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares in the last quarter. Finally, Revolve Wealth Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $26.92 on Tuesday. The stock has a fifty day moving average of $26.01 and a 200-day moving average of $27.14. The stock has a market capitalization of $69.99 billion, a P/E ratio of 15.93 and a beta of 0.82. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week 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.