First National Bank of Mount Dora Trust Investment Services Has $2.25 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

First National Bank of Mount Dora Trust Investment Services raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 82,452 shares of the company’s stock after purchasing an additional 54,968 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in Schwab US Dividend Equity ETF were worth $2,253,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SCHD. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $31,000. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Barrett & Company Inc. acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth $34,000. Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth $38,000. Finally, Quent Capital LLC boosted its stake 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 purchasing an additional 240 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.99 on Friday. The firm has a 50-day moving average of $28.19 and a 200-day moving average of $27.81. Schwab US Dividend Equity ETF has a one year low of $25.03 and a one year high of $29.72. The company has a market cap of $19.63 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.