Family Capital Management Inc. Acquires 336,626 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Family Capital Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 196.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 507,977 shares of the company’s stock after buying an additional 336,626 shares during the period. Schwab US Dividend Equity ETF accounts for about 8.4% of Family Capital Management Inc.’s portfolio, making the stock its 3rd largest holding. Family Capital Management Inc. owned 0.07% of Schwab US Dividend Equity ETF worth $13,878,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in SCHD. Argus Investors Counsel Inc. increased its position in shares of Schwab US Dividend Equity ETF by 8.0% during the 3rd quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock valued at $403,000 after purchasing an additional 355 shares during the last quarter. O ROURKE & COMPANY Inc raised its holdings in Schwab US Dividend Equity ETF by 5.7% during the third quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock valued at $570,000 after acquiring an additional 366 shares during the period. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Brown Lisle Cummings Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 17.3% during the third quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock worth $215,000 after acquiring an additional 375 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock valued at $1,520,000 after purchasing an additional 377 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.85 on Friday. The firm has a 50-day simple moving average of $27.76 and a two-hundred day simple moving average of $27.99. 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 $19.54 billion, a P/E 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.