Cottage Street Advisors LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cottage Street Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,598 shares of the company’s stock after buying an additional 3,489 shares during the period. Cottage Street Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,135,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. Ritter Daniher Financial Advisory LLC DE boosted its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after buying an additional 650 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth about $27,000. Moisand Fitzgerald Tamayo LLC raised its position in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after acquiring an additional 777 shares during the last quarter. PFG Private Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after acquiring an additional 686 shares during the last quarter. Finally, Mountain Hill Investment Partners Corp. acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of SCHD opened at $26.70 on Friday. The stock has a market cap of $69.42 billion, a P/E ratio of 14.34 and a beta of 0.80. The company has a 50-day moving average of $26.10 and a two-hundred day moving average of $27.10. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72.

Schwab US Dividend Equity ETF Company 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.