Westmount Partners LLC Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Westmount Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,908 shares of the company’s stock after buying an additional 7,939 shares during the quarter. Westmount Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $325,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Central Pacific Bank Trust Division lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares in the last quarter. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at $31,000. Barrett & Company Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $34,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $34,000. Finally, Cassady Schiller Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $38,000.

Schwab US Dividend Equity ETF Trading Up 0.9 %

SCHD stock traded up $0.25 during trading on Monday, hitting $27.26. The company had a trading volume of 13,619,963 shares, compared to its average volume of 16,645,852. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The firm has a market capitalization of $19.12 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50 day moving average of $28.29 and a 200 day moving average of $27.77.

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.