Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by NewEdge Wealth LLC

NewEdge Wealth LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 178.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,501 shares of the company’s stock after acquiring an additional 52,241 shares during the quarter. NewEdge Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,227,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Trust Direct Indexing L.P. raised its holdings in Schwab US Dividend Equity ETF by 21.0% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 10,073 shares of the company’s stock worth $851,000 after buying an additional 1,745 shares during the period. JFS Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 61.1% in the 3rd quarter. JFS Wealth Advisors LLC now owns 1,548 shares of the company’s stock valued at $131,000 after buying an additional 587 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 14.9% in the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 59,829 shares of the company’s stock valued at $5,057,000 after buying an additional 7,776 shares in the last quarter. ForthRight Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 9.2% in the 3rd quarter. ForthRight Wealth Management LLC now owns 335,204 shares of the company’s stock valued at $28,335,000 after buying an additional 28,356 shares in the last quarter. Finally, Stephens Inc. AR grew its stake in shares of Schwab US Dividend Equity ETF by 16.3% in the 3rd quarter. Stephens Inc. AR now owns 262,286 shares of the company’s stock valued at $22,171,000 after buying an additional 36,813 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.3 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.54 on Friday. The stock has a market capitalization of $69.92 billion, a P/E ratio of 17.48 and a beta of 0.88. The stock has a 50 day moving average price of $27.78 and a two-hundred day moving average price of $28.09. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month 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.