Napatree Capital LLC Has $705,000 Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Napatree Capital LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,804 shares of the company’s stock after buying an additional 17,243 shares during the quarter. Napatree Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $705,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $34,000. Anchor Investment Management LLC grew its holdings in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the period. Bernardo Wealth Planning LLC grew its holdings in Schwab US Dividend Equity ETF by 3.8% during the fourth quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock valued at $366,000 after purchasing an additional 498 shares during the period. CreativeOne Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 1.8% during the third quarter. CreativeOne Wealth LLC now owns 30,496 shares of the company’s stock valued at $2,578,000 after purchasing an additional 529 shares during the period. Finally, Central Pacific Bank Trust Division grew its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.76 on Friday. The stock has a market cap of $68.84 billion, a P/E ratio of 17.56 and a beta of 0.86. The firm has a 50 day moving average price of $27.95 and a 200 day moving average price of $28.13. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

Schwab US Dividend Equity ETF Company 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.