Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Raised by Carret Asset Management LLC

Carret Asset Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 246.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,052 shares of the company’s stock after acquiring an additional 14,261 shares during the quarter. Carret Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $548,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SCHD. May Barnhard Investments LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $762,000. Whitegate Investment Counselors Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 149.3% in the fourth quarter. Whitegate Investment Counselors Inc. now owns 590,979 shares of the company’s stock worth $16,146,000 after buying an additional 353,886 shares during the period. Madison Investment Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $3,894,000. JPL Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $4,505,000. Finally, Gerber LLC boosted its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Gerber LLC now owns 9,048 shares of the company’s stock worth $247,000 after buying an additional 6,032 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.3 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.64 on Friday. The stock has a market cap of $68.55 billion, a PE ratio of 17.56 and a beta of 0.86. The business has a fifty day simple moving average of $27.89 and a 200-day simple moving average of $28.13. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72.

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.