Stockman Wealth Management Inc. Acquires 12,821 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Stockman Wealth Management Inc. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 249.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,971 shares of the company’s stock after purchasing an additional 12,821 shares during the period. Stockman Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $491,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Central Pacific Bank Trust Division increased its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares during the period. Hoese & Co LLP bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $26,000. IFS Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the period. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $31,000. Finally, Olistico Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after acquiring an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7 %

Shares of SCHD stock opened at $27.56 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72. The stock has a fifty day moving average of $27.85 and a 200 day moving average of $27.97. The firm has a market capitalization of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.