Fortis Capital Management LLC Has $2.84 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Fortis Capital Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 221.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 104,055 shares of the company’s stock after acquiring an additional 71,675 shares during the period. Fortis Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,843,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after acquiring an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $163,000. Tenon Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after acquiring an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after acquiring an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.76 on Friday. The firm’s 50-day simple moving average is $27.95 and its 200-day simple moving average is $28.13. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The firm has a market cap of $68.84 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.