First National Bank of Mount Dora Trust Investment Services Invests $716,000 in Schwab US Dividend Equity ETF (SCHD)

First National Bank of Mount Dora Trust Investment Services acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,000 shares of the company’s stock, valued at approximately $716,000.

Separately, Raub Brock Capital Management LP purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $2,326,000.

Shares of Schwab US Dividend Equity ETF (SCHD) opened at $52.69 on Monday. Schwab US Dividend Equity ETF has a one year low of $43.05 and a one year high of $52.79.

The company also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Tuesday, December 19th were paid a $0.3448 dividend. The ex-dividend date of this dividend was Monday, December 18th. This represents a $1.38 annualized dividend and a dividend yield of 2.62%.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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