RE Dickinson Investment Advisors LLC Grows Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

RE Dickinson Investment Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 174.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,646 shares of the company’s stock after acquiring an additional 18,832 shares during the period. Schwab US Dividend Equity ETF makes up about 0.5% of RE Dickinson Investment Advisors LLC’s portfolio, making the stock its 24th largest holding. RE Dickinson Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $810,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Central Pacific Bank Trust Division increased its position 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 purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth $26,000. Ritter Daniher Financial Advisory LLC DE raised its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after acquiring an additional 650 shares during the period. PFG Private Wealth Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC grew its position 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 purchasing an additional 777 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.3 %

SCHD opened at $25.30 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market cap of $63.76 billion, a PE ratio of 17.12 and a beta of 0.86. The company has a 50-day moving average price of $27.47 and a 200 day moving average price of $27.96.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.