Indie Asset Partners LLC Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Indie Asset Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,101 shares of the company’s stock after purchasing an additional 46,939 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.5% of Indie Asset Partners LLC’s portfolio, making the stock its 11th biggest position. Indie Asset Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,915,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of 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 valued at $266,000 after buying an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $163,000. Tenon Financial LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.1% during the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after acquiring an additional 10,082 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. boosted its holdings in 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 period.

Schwab US Dividend Equity ETF Stock Down 0.4 %

SCHD stock opened at $28.21 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The firm has a market cap of $69.11 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The business’s fifty day simple moving average is $27.69 and its two-hundred day simple moving average is $28.02.

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.