West Oak Capital LLC Has $1.48 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

West Oak Capital LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 130.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,323 shares of the company’s stock after purchasing an additional 30,733 shares during the period. West Oak Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,484,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Central Pacific Bank Trust Division grew its holdings 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 buying an additional 604 shares in the last quarter. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $31,000. Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Legacy Investment Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $34,000. Finally, Cassady Schiller Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $38,000.

Schwab US Dividend Equity ETF Stock Down 1.1 %

SCHD traded down $0.31 during trading hours on Friday, hitting $27.01. 21,984,032 shares of the company’s stock were exchanged, compared to its average volume of 17,233,049. The stock has a market cap of $18.95 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $24.97 and a 1-year high of $29.72. The stock’s 50-day moving average is $28.31 and its two-hundred day moving average is $27.74.

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.