Moors & Cabot Inc. Purchases 14,699 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Moors & Cabot Inc. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 218.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,432 shares of the company’s stock after purchasing an additional 14,699 shares during the period. Moors & Cabot Inc.’s holdings in Schwab US Dividend Equity ETF were worth $586,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division increased its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC raised its holdings in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares in the last quarter. PFG Private Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares in the last quarter. Finally, IFS Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.3 %

Shares of SCHD opened at $27.64 on Friday. The company’s fifty day simple moving average is $27.89 and its 200 day simple moving average is $28.13. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The company has a market cap of $68.55 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86.

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.