Cowa LLC Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cowa LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 121,473 shares of the company’s stock after acquiring an additional 81,556 shares during the period. Schwab US Dividend Equity ETF makes up 1.5% of Cowa LLC’s portfolio, making the stock its 21st biggest position. Cowa LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,319,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division lifted its stake 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. Hoese & Co LLP acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $26,000. IFS Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares in the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth about $31,000. Finally, Olistico Wealth LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.21 on Friday. The stock’s 50-day moving average is $27.69 and its two-hundred day moving average is $28.02. The stock has a market cap of $69.11 billion, a PE ratio of 17.48 and a beta of 0.88. 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.