New England Private Wealth Advisors LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

New England Private Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 221.8% during the 4th quarter, HoldingsChannel reports. The fund owned 309,589 shares of the company’s stock after buying an additional 213,374 shares during the period. Schwab US Dividend Equity ETF comprises 1.3% of New England Private Wealth Advisors LLC’s portfolio, making the stock its 25th biggest holding. New England Private Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in SCHD. Central Pacific Bank Trust Division boosted its position in shares of Schwab US Dividend Equity ETF by 200.0% in 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 during the period. Hoese & Co LLP bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC grew its position in shares of Schwab US Dividend Equity ETF by 294.3% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after purchasing an additional 777 shares in the last quarter. PFG Private Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after purchasing an additional 686 shares in the last quarter. Finally, IFS Advisors LLC increased its holdings 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 period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.74 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The stock has a fifty day moving average of $27.88 and a 200 day moving average of $28.14. The firm has a market capitalization of $68.80 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86.

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.