Emerald Advisors LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Emerald Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 113,938 shares of the company’s stock after purchasing an additional 2,627 shares during the quarter. Schwab US Dividend Equity ETF makes up about 0.4% of Emerald Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Emerald Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,113,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SCHD. Central Pacific Bank Trust Division boosted its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth approximately $26,000. IFS Advisors LLC grew its holdings in 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 valued at $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $31,000. Finally, Olistico Wealth LLC raised its stake in Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.7 %

Shares of NYSEARCA SCHD opened at $28.18 on Thursday. The stock has a market capitalization of $69.04 billion, a PE ratio of 17.48 and a beta of 0.88. The firm has a fifty day moving average of $27.69 and a 200-day moving average of $28.01. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

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.