Howland Capital Management LLC Acquires 9,614 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Howland Capital Management LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 160.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 15,621 shares of the company’s stock after buying an additional 9,614 shares during the quarter. Howland Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the period. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $26,000. IFS Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after acquiring an additional 699 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $31,000. Finally, Olistico Wealth LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.56 on Monday. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The stock has a market capitalization of $19.33 billion, a P/E ratio of 15.04 and a beta of 0.74. The company has a 50-day simple moving average of $27.85 and a 200 day simple moving average of $27.98.

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.