Woodmont Investment Counsel LLC Has $340,000 Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Woodmont Investment Counsel LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 403.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,445 shares of the company’s stock after acquiring an additional 9,975 shares during the period. Woodmont Investment Counsel LLC’s holdings in Schwab US Dividend Equity ETF were worth $340,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHD. LPL Financial LLC lifted its holdings in Schwab US Dividend Equity ETF by 214.9% during the 4th quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock valued at $992,120,000 after purchasing an additional 24,783,386 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $592,939,000. Sumitomo Life Insurance Co. raised its position in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares during the period. Avantax Advisory Services Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 205.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock worth $710,419,000 after buying an additional 17,501,170 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 195.8% during the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after buying an additional 10,024,156 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $28.09 on Tuesday. The firm’s 50-day simple moving average is $27.97 and its 200 day simple moving average is $28.13. The firm has a market cap of $69.66 billion, a P/E ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week 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.