Whitegate Investment Counselors Inc. Has $18.85 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Whitegate Investment Counselors Inc. grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 247,566 shares of the company’s stock after purchasing an additional 1,171 shares during the period. Schwab US Dividend Equity ETF comprises about 5.7% of Whitegate Investment Counselors Inc.’s investment portfolio, making the stock its 5th biggest holding. Whitegate Investment Counselors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $18,847,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. LPL Financial LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 4.7% in the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after acquiring an additional 503,970 shares during the period. Avantax Advisory Services Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 3.7% in the third quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after acquiring an additional 266,516 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 2.6% in the third quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock worth $408,896,000 after acquiring an additional 145,168 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Schwab US Dividend Equity ETF by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after acquiring an additional 95,086 shares during the period. Finally, Royal Bank of Canada grew its holdings in shares of Schwab US Dividend Equity ETF by 11.8% in the third quarter. Royal Bank of Canada now owns 4,280,883 shares of the company’s stock worth $302,916,000 after acquiring an additional 451,744 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded up $0.70 during trading hours on Friday, hitting $77.97. The stock had a trading volume of 2,613,230 shares, compared to its average volume of 3,569,934. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The firm has a market capitalization of $54.54 billion, a PE ratio of 14.82 and a beta of 0.77. The stock has a fifty day moving average price of $78.31 and a 200 day moving average price of $75.45.

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.