eCIO Inc. Has $29.85 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

eCIO Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,088,202 shares of the company’s stock after acquiring an additional 108,400 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 13.9% of eCIO Inc.’s portfolio, making the stock its 2nd biggest position. eCIO Inc.’s holdings in Schwab US Dividend Equity ETF were worth $29,849,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SCHD. Biltmore Family Office LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares in the last quarter. Triumph Capital Management bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth about $33,000. KERR FINANCIAL PLANNING Corp purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $35,000. Reyes Financial Architecture Inc. increased its position in Schwab US Dividend Equity ETF by 1,903.1% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after purchasing an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $36,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $30.56 on Friday. The company has a 50 day moving average price of $30.90 and a 200-day moving average price of $28.66. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95. The stock has a market capitalization of $84.52 billion, a PE ratio of 14.57 and a beta of 0.77.

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.