Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Boosted by First National Trust Co

First National Trust Co boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 189,194 shares of the company’s stock after acquiring an additional 125,580 shares during the quarter. First National Trust Co’s holdings in Schwab US Dividend Equity ETF were worth $5,169,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hughes Financial Services LLC bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at about $227,000. Carret Asset Management LLC grew its position in Schwab US Dividend Equity ETF by 246.3% in the 4th quarter. Carret Asset Management LLC now owns 20,052 shares of the company’s stock valued at $548,000 after buying an additional 14,261 shares in the last quarter. May Barnhard Investments LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $762,000. Whitegate Investment Counselors Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 149.3% during the 4th quarter. Whitegate Investment Counselors Inc. now owns 590,979 shares of the company’s stock valued at $16,146,000 after purchasing an additional 353,886 shares in the last quarter. Finally, Madison Investment Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $3,894,000.

Schwab US Dividend Equity ETF Trading Down 0.5 %

NYSEARCA:SCHD opened at $27.29 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The company has a 50-day moving average of $27.88 and a 200-day moving average of $28.13. The firm has a market cap of $67.68 billion, a price-to-earnings 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.