Collective Family Office LLC Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Collective Family Office LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 94,214 shares of the company’s stock after buying an additional 62,941 shares during the period. Collective Family Office LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,574,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its position in Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after purchasing an additional 6,502 shares during the period. Synovus Financial Corp boosted its holdings in Schwab US Dividend Equity ETF by 148.1% during the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after buying an additional 25,380 shares in the last quarter. Anchor Investment Management LLC grew its position 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 buying an additional 428 shares during the period. Finally, World Investment Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 6.8% in the third quarter. World Investment Advisors LLC now owns 72,187 shares of the company’s stock valued at $6,035,000 after buying an additional 4,580 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.3 %

Shares of SCHD stock traded down $0.08 during mid-day trading on Wednesday, hitting $27.18. 5,567,410 shares of the stock were exchanged, compared to its average volume of 14,565,556. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-week high of $29.72. The firm has a fifty day moving average of $28.35 and a 200 day moving average of $27.75. The company has a market cap of $19.07 billion, a PE ratio of 15.04 and a beta of 0.74.

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.