Tidemark LLC Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Tidemark LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 203.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,198 shares of the company’s stock after purchasing an additional 14,213 shares during the period. Tidemark LLC’s holdings in Schwab US Dividend Equity ETF were worth $579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Sheaff Brock Investment Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 6.5% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 16,876 shares of the company’s stock worth $1,427,000 after acquiring an additional 1,028 shares in the last quarter. Valley Wealth Managers Inc. boosted its holdings in Schwab US Dividend Equity ETF by 71.0% in the third quarter. Valley Wealth Managers Inc. now owns 15,482 shares of the company’s stock valued at $1,309,000 after purchasing an additional 6,426 shares in the last quarter. Seelaus Asset Management LLC increased its stake in Schwab US Dividend Equity ETF by 10.6% in the third quarter. Seelaus Asset Management LLC now owns 4,937 shares of the company’s stock valued at $417,000 after purchasing an additional 473 shares during the last quarter. Squire Investment Management Company LLC raised its holdings in Schwab US Dividend Equity ETF by 19.6% during the third quarter. Squire Investment Management Company LLC now owns 7,348 shares of the company’s stock worth $621,000 after purchasing an additional 1,204 shares in the last quarter. Finally, RIA Advisory Group LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $2,723,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.64 on Friday. The firm’s fifty day moving average price is $27.89 and its 200 day moving average price is $28.13. 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 $68.55 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.