Raab & Moskowitz Asset Management LLC Increases Stake in Schwab US Dividend Equity ETF $SCHD

Raab & Moskowitz Asset Management LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 146,815 shares of the company’s stock after acquiring an additional 45,837 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 1.0% of Raab & Moskowitz Asset Management LLC’s investment portfolio, making the stock its 27th largest position. Raab & Moskowitz Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,504,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. BIP Wealth LLC purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $1,589,000. Aspire Capital Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 2.9% in the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after purchasing an additional 30,146 shares during the period. Freestone Capital Holdings LLC increased its position in shares of Schwab US Dividend Equity ETF by 62.7% in the fourth quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock valued at $1,174,000 after buying an additional 16,486 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Schwab US Dividend Equity ETF by 18.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after buying an additional 82,981 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its stake in shares of Schwab US Dividend Equity ETF by 21.5% during the 4th quarter. Capital Investment Advisory Services LLC now owns 138,503 shares of the company’s stock worth $3,799,000 after buying an additional 24,551 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $33.47 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $26.21 and a 1 year high of $34.24. The firm has a market capitalization of $103.37 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The business’s 50 day moving average price is $32.51 and its 200-day moving average price is $31.43.

Schwab US Dividend Equity ETF Company 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.