CHB Investment Group LLC Has $2.59 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

CHB Investment Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 190.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,728 shares of the company’s stock after buying an additional 62,104 shares during the quarter. CHB Investment Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,588,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of SCHD. LPL Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the period. Keystone Financial Planning Inc. lifted its position in Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after buying an additional 3,506,729 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after buying an additional 297,674 shares during the period. Orgel Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock valued at $359,873,000 after acquiring an additional 70,852 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after acquiring an additional 101,637 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.30 on Tuesday. The company has a market capitalization of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $24.97 and a fifty-two week high of $29.72. The business has a 50-day moving average of $28.27 and a 200-day moving average of $27.78.

Schwab US Dividend Equity ETF 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.