Fortis Capital Management LLC Acquires 17,576 Shares of Schwab US Dividend Equity ETF $SCHD

Fortis Capital Management LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,469 shares of the company’s stock after acquiring an additional 17,576 shares during the period. Fortis Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,941,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SCHD. MeadowBrook Investment Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.3% during the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after purchasing an additional 325 shares during the period. Semus Wealth Partners LLC raised its stake in Schwab US Dividend Equity ETF by 0.7% in the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock worth $1,574,000 after buying an additional 347 shares in the last quarter. Harmony Asset Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.8% during the 1st quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock worth $294,000 after purchasing an additional 354 shares during the last quarter. Colorado Capital Management Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 0.9% during the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after acquiring an additional 362 shares in the last quarter. Finally, Commonwealth Financial Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.8% during the 1st quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock valued at $639,000 after purchasing an additional 374 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.2%

SCHD opened at $32.82 on Wednesday. The company has a market cap of $100.28 billion, a P/E ratio of 14.57 and a beta of 0.68. The firm’s 50-day moving average price is $32.30 and its 200-day moving average price is $31.16. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $33.50.

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.