Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 189.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 66,859 shares of the company’s stock after acquiring an additional 43,729 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,827,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SCHD. Sumitomo Life Insurance Co. lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after acquiring an additional 17,880,000 shares in the last quarter. Orgel Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 9,346.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock worth $97,711,000 after purchasing an additional 3,538,664 shares in the last quarter. Keystone Financial Planning Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 207.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after buying an additional 3,286,917 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.65 on Thursday. The firm has a market capitalization of $19.40 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The stock’s 50 day moving average price is $27.79 and its 200 day moving average price is $28.00.

Schwab US Dividend Equity ETF 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.