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

NewEdge Wealth LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 178.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,501 shares of the company’s stock after purchasing an additional 52,241 shares during the quarter. NewEdge Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,227,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Red Crane Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth about $800,000. Bryn Mawr Capital Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 85.4% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 98,088 shares of the company’s stock worth $2,680,000 after purchasing an additional 45,177 shares during the period. Kellett Wealth Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 185.3% in the fourth quarter. Kellett Wealth Advisors LLC now owns 176,862 shares of the company’s stock worth $4,832,000 after purchasing an additional 114,862 shares during the period. Fjell Capital LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth about $2,022,000. Finally, Advisor OS LLC lifted its holdings in Schwab US Dividend Equity ETF by 410.4% in the fourth quarter. Advisor OS LLC now owns 12,341 shares of the company’s stock worth $337,000 after purchasing an additional 9,923 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.3 %

Shares of NYSEARCA SCHD opened at $28.54 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The company has a market capitalization of $69.92 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The firm has a 50-day moving average of $27.78 and a two-hundred day moving average of $28.09.

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.