Whitegate Investment Counselors Inc. Has $16.15 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Whitegate Investment Counselors Inc. raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 149.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 590,979 shares of the company’s stock after acquiring an additional 353,886 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 5.5% of Whitegate Investment Counselors Inc.’s holdings, making the stock its 6th biggest position. Whitegate Investment Counselors Inc. owned approximately 0.08% of Schwab US Dividend Equity ETF worth $16,146,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in SCHD. Central Pacific Bank Trust Division grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares in the last quarter. Hoese & Co LLP bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $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 valued at $28,000 after buying an additional 777 shares in the last quarter. PFG Private Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after buying an additional 686 shares in the last quarter. Finally, IFS Advisors LLC grew its stake 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 buying an additional 699 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.5 %

NYSEARCA:SCHD opened at $27.29 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The firm has a fifty day simple moving average of $27.88 and a 200 day simple moving average of $28.13. The stock has a market capitalization of $67.68 billion, a PE ratio of 17.56 and a beta of 0.86.

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.