New Insight Wealth Advisors Acquires 357,380 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

New Insight Wealth Advisors increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 216.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 522,380 shares of the company’s stock after purchasing an additional 357,380 shares during the period. Schwab US Dividend Equity ETF makes up 7.1% of New Insight Wealth Advisors’ portfolio, making the stock its 2nd biggest position. New Insight Wealth Advisors owned about 0.07% of Schwab US Dividend Equity ETF worth $14,271,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $163,000. Tenon Financial LLC increased its stake in shares of Schwab US Dividend Equity ETF by 200.1% in the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after buying an additional 10,082 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. raised its position in shares of Schwab US Dividend Equity ETF by 195.0% during the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after acquiring an additional 17,305 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.4 %

Schwab US Dividend Equity ETF stock opened at $28.46 on Monday. The business’s 50-day simple moving average is $27.85 and its 200 day simple moving average is $28.13. The stock has a market cap of $69.73 billion, a price-to-earnings ratio of 17.56 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72.

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.