Coordinated Financial Services Inc. Acquires New Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Coordinated Financial Services Inc. acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 102,452 shares of the company’s stock, valued at approximately $2,799,000. Schwab US Dividend Equity ETF accounts for 2.2% of Coordinated Financial Services Inc.’s holdings, making the stock its 6th largest holding.

Several other large investors have also bought and sold shares of SCHD. Central Pacific Bank Trust Division lifted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the period. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $26,000. Moisand Fitzgerald Tamayo LLC lifted its holdings in Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after buying an additional 777 shares during the period. PFG Private Wealth Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after buying an additional 686 shares during the period. Finally, IFS Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $28.46 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The company has a market capitalization of $69.73 billion, a PE ratio of 17.56 and a beta of 0.88. The company has a 50 day moving average price of $27.85 and a two-hundred day moving average price of $28.13.

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.