Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Raised by Holderness Investments Co.

Holderness Investments Co. raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 194.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,446 shares of the company’s stock after purchasing an additional 13,503 shares during the quarter. Holderness Investments Co.’s holdings in Schwab US Dividend Equity ETF were worth $559,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. JPMorgan Chase & Co. raised its holdings in shares of Schwab US Dividend Equity ETF by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares in the last quarter. GAMMA Investing LLC grew its position in Schwab US Dividend Equity ETF by 200.0% in 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 during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Schwab US Dividend Equity ETF in the third quarter worth approximately $163,000. Tenon Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 200.1% in the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 195.0% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after acquiring an additional 17,305 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.3 %

Shares of NYSEARCA SCHD opened at $27.95 on Friday. The stock’s fifty day simple moving average is $27.94 and its 200 day simple moving average is $28.13. The stock has a market capitalization of $69.32 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. 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.