Old North State Wealth Management LLC Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Old North State Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 13,311 shares of the company’s stock after buying an additional 8,887 shares during the quarter. Old North State Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $364,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHD. Sumitomo Life Insurance Co. boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares in the last quarter. Orgel Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after purchasing an additional 3,506,729 shares during the period. HHM Wealth Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 207.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock worth $133,119,000 after acquiring an additional 3,286,917 shares during the period. Finally, LVW Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 203.4% in the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock worth $98,287,000 after buying an additional 2,412,003 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.1 %

NYSEARCA SCHD opened at $27.76 on Wednesday. The stock has a market cap of $19.47 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The stock’s fifty day moving average price is $27.98 and its 200-day moving average price is $27.97.

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.