Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Cutler Investment Counsel LLC

Cutler Investment Counsel LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 22.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,074 shares of the company’s stock after acquiring an additional 8,427 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,508,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whitaker Myers Wealth Managers LTD. boosted its stake in shares of Schwab US Dividend Equity ETF by 12.3% during the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock valued at $15,475,000 after buying an additional 22,221 shares during the last quarter. FMR LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 22.7% during the 3rd quarter. FMR LLC now owns 64,312 shares of the company’s stock valued at $4,551,000 after buying an additional 11,906 shares during the last quarter. M. Kulyk & Associates LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter worth $514,000. Procyon Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 9.9% during the fourth quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock worth $338,000 after purchasing an additional 401 shares during the last quarter. Finally, Graypoint LLC lifted its stake in Schwab US Dividend Equity ETF by 5.4% during the fourth quarter. Graypoint LLC now owns 4,969 shares of the company’s stock worth $378,000 after purchasing an additional 255 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD traded up $0.75 during trading hours on Friday, hitting $76.56. 2,384,388 shares of the stock were exchanged, compared to its average volume of 3,656,192. The stock has a 50-day simple moving average of $78.22 and a 200-day simple moving average of $74.87. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The stock has a market cap of $53.65 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

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.