St. Louis Trust Co Acquires 2,134 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

St. Louis Trust Co lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 51.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,289 shares of the company’s stock after buying an additional 2,134 shares during the period. St. Louis Trust Co’s holdings in Schwab US Dividend Equity ETF were worth $479,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SCHD. Raleigh Capital Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $28,000. Bear Mountain Capital Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $34,000. Howe & Rusling Inc. increased its position in shares of Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after purchasing an additional 344 shares in the last quarter. Carmel Capital Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $39,000. Finally, WestHill Financial Advisors Inc. increased its position in shares of Schwab US Dividend Equity ETF by 106.3% during the 3rd quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock worth $44,000 after purchasing an additional 319 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.3 %

NYSEARCA:SCHD traded down $0.98 during mid-day trading on Tuesday, reaching $76.94. 2,423,490 shares of the company were exchanged, compared to its average volume of 3,594,438. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The company has a fifty day moving average of $78.32 and a 200 day moving average of $75.31. The stock has a market cap of $53.82 billion, a PE ratio of 14.82 and a beta of 0.77.

Schwab US Dividend Equity ETF 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.