Northwest Capital Management Inc Buys 96,715 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Northwest Capital Management Inc raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 198.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 145,360 shares of the company’s stock after purchasing an additional 96,715 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 1.7% of Northwest Capital Management Inc’s holdings, making the stock its 15th biggest holding. Northwest Capital Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $3,971,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $31,000. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $34,000. Barrett & Company Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $34,000. Cassady Schiller Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $38,000. Finally, Phillips Financial Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after buying an additional 391 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.21 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The stock has a 50 day simple moving average of $27.69 and a two-hundred day simple moving average of $28.05. The firm has a market cap of $69.11 billion, a P/E ratio of 17.48 and a beta of 0.88.

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.