Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stake Lifted by Van Cleef Asset Management Inc

Van Cleef Asset Management Inc raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 29,573 shares of the company’s stock after buying an additional 19,806 shares during the quarter. Van Cleef Asset Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $808,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division boosted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth 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 4th quarter worth $26,000. Moisand Fitzgerald Tamayo LLC grew its stake in shares of Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares in the last quarter. IFS Advisors LLC increased its holdings in shares of 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 valued at $29,000 after purchasing an additional 699 shares during the period. Finally, Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $31,000.

Schwab US Dividend Equity ETF Stock Up 0.1 %

SCHD stock opened at $28.17 on Friday. The company has a 50-day simple moving average of $27.76 and a 200 day simple moving average of $28.08. The company has a market capitalization of $69.02 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72.

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.