Raab & Moskowitz Asset Management LLC Increases Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Raab & Moskowitz Asset Management LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 28.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,285 shares of the company’s stock after purchasing an additional 20,126 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,465,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in SCHD. Biltmore Family Office LLC grew its holdings in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after buying an additional 524 shares during the period. Triumph Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $33,000. Reyes Financial Architecture Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 1,903.1% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after acquiring an additional 1,237 shares during the period. Turning Point Benefit Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $36,000. Finally, Independence Bank of Kentucky acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $41,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $30.95 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.95. The firm has a 50 day moving average price of $30.43 and a 200 day moving average price of $28.39. The company has a market cap of $81.41 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.