Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Eagle Capital Management LLC’s 3rd Largest Position

Eagle Capital Management LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 862,365 shares of the company’s stock after purchasing an additional 579,549 shares during the quarter. Schwab US Dividend Equity ETF accounts for 9.5% of Eagle Capital Management LLC’s investment portfolio, making the stock its 3rd biggest position. Eagle Capital Management LLC owned 0.12% of Schwab US Dividend Equity ETF worth $23,560,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SCHD. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $31,000. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF during the third quarter valued at $38,000. Finally, Quent Capital LLC increased its holdings in Schwab US Dividend Equity ETF by 86.6% in the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after acquiring an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.1 %

NYSEARCA SCHD opened at $27.92 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72. The company has a fifty day moving average of $28.15 and a two-hundred day moving average of $27.87. The firm has a market capitalization of $19.59 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.