Fortis Capital Management LLC Raises Stock Position in Schwab US Dividend Equity ETF $SCHD

Fortis Capital Management LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 128,469 shares of the company’s stock after purchasing an additional 17,576 shares during the quarter. Fortis Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,941,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SCHD. MeadowBrook Investment Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after buying an additional 325 shares during the last quarter. Semus Wealth Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 0.7% in the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after acquiring an additional 347 shares during the period. Harmony Asset Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 3.8% in the first quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after acquiring an additional 354 shares during the period. Colorado Capital Management Inc. boosted its position in Schwab US Dividend Equity ETF by 0.9% in the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after purchasing an additional 362 shares in the last quarter. Finally, Commonwealth Financial Services LLC boosted its position in Schwab US Dividend Equity ETF by 1.8% in the 1st quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock worth $639,000 after purchasing an additional 374 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $32.82 on Wednesday. The stock has a market capitalization of $100.28 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The firm’s 50 day simple moving average is $32.30 and its 200-day simple moving average is $31.16. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $33.50.

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.