Custos Family Office LLC Boosts Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Custos Family Office LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 265,227 shares of the company’s stock after purchasing an additional 177,118 shares during the period. Schwab US Dividend Equity ETF comprises about 2.5% of Custos Family Office LLC’s holdings, making the stock its 11th largest holding. Custos Family Office LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,246,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Adero Partners LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $264,000. TrinityPoint Wealth LLC boosted its position in shares of Schwab US Dividend Equity ETF by 6.7% during the 3rd quarter. TrinityPoint Wealth LLC now owns 301,837 shares of the company’s stock worth $25,514,000 after acquiring an additional 18,941 shares in the last quarter. Planning Directions Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 5.5% in the 3rd quarter. Planning Directions Inc. now owns 367,379 shares of the company’s stock valued at $31,055,000 after acquiring an additional 19,295 shares during the last quarter. Phillips Financial Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after acquiring an additional 391 shares in the last quarter. Finally, AMG National Trust Bank lifted its stake in Schwab US Dividend Equity ETF by 4.2% during the third quarter. AMG National Trust Bank now owns 53,922 shares of the company’s stock worth $4,558,000 after purchasing an additional 2,158 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.2 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.96 on Tuesday. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The firm’s 50 day moving average is $27.90 and its two-hundred day moving average is $28.13. The firm has a market capitalization of $69.34 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.