Global Trust Asset Management LLC Buys 1,523 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Global Trust Asset Management LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,285 shares of the company’s stock after buying an additional 1,523 shares during the quarter. Global Trust Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $62,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Central Pacific Bank Trust Division lifted its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $26,000. IFS Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $31,000. Finally, Barrett & Company Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $34,000.

Schwab US Dividend Equity ETF Trading Down 1.1 %

NYSEARCA:SCHD opened at $27.92 on Thursday. The firm has a market capitalization of $19.59 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The firm’s fifty day simple moving average is $28.15 and its 200 day simple moving average is $27.87.

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.