Moors & Cabot Inc. Has $854,000 Stake in Schwab US Dividend Equity ETF $SCHD

Moors & Cabot Inc. boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 33.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 32,215 shares of the company’s stock after purchasing an additional 7,994 shares during the period. Moors & Cabot Inc.’s holdings in Schwab US Dividend Equity ETF were worth $854,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Lederer & Associates Investment Counsel CA raised its position in Schwab US Dividend Equity ETF by 1.5% during the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after buying an additional 375 shares during the period. Madden Advisory Services Inc. grew its stake in Schwab US Dividend Equity ETF by 0.3% during the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock valued at $3,003,000 after acquiring an additional 383 shares in the last quarter. Bellevue Asset Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.2% in the 2nd quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after purchasing an additional 389 shares during the period. Cowa LLC lifted its position in shares of Schwab US Dividend Equity ETF by 0.3% in the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock worth $3,407,000 after purchasing an additional 394 shares in the last quarter. Finally, Gateway Wealth Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.2% during the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock worth $360,000 after purchasing an additional 400 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $26.72 on Friday. The company has a market capitalization of $69.09 billion, a PE ratio of 14.57 and a beta of 0.77. The company’s 50 day moving average price is $27.14 and its 200 day moving average price is $26.85. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72.

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.