Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 236.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 477,308 shares of the company’s stock after acquiring an additional 335,378 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.9% of Onyx Bridge Wealth Group LLC’s investment portfolio, making the stock its 11th biggest position. Onyx Bridge Wealth Group LLC owned about 0.07% of Schwab US Dividend Equity ETF worth $13,040,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Central Pacific Bank Trust Division increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $26,000. IFS Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares during the period. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC lifted 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 last quarter.

Schwab US Dividend Equity ETF Stock Up 0.7 %

SCHD stock opened at $27.95 on Thursday. The business has a 50 day moving average price of $27.95 and a 200 day moving average price of $27.97. The stock has a market cap of $19.61 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two 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.