Delap Wealth Advisory LLC Takes $634,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Delap Wealth Advisory LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 23,219 shares of the company’s stock, valued at approximately $634,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings 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 worth $132,552,000 after buying an additional 104,855 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $163,000. Tenon Financial LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 195.0% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after purchasing an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The company has a market capitalization of $69.11 billion, a PE ratio of 17.48 and a beta of 0.88. The firm’s 50-day moving average is $27.69 and its two-hundred day moving average is $28.03.

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.