New Century Financial Group LLC Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

New Century Financial Group LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,531 shares of the company’s stock after buying an additional 11,016 shares during the quarter. New Century Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $454,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Central Pacific Bank Trust Division increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $26,000. IFS Advisors LLC raised its stake in shares of 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 worth $29,000 after purchasing an additional 699 shares during the last quarter. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $31,000. Finally, Olistico Wealth LLC boosted its position in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after buying an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $28.07 on Friday. The firm has a market cap of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50-day simple moving average of $28.10 and a two-hundred day simple moving average of $27.89. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two 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.