Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by World Equity Group Inc.

World Equity Group Inc. boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 663.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 109,236 shares of the company’s stock after acquiring an additional 94,927 shares during the quarter. World Equity Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,984,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in shares of 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 worth $132,552,000 after buying an additional 104,855 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $163,000. Tenon Financial LLC raised 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 buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. raised its stake 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 worth $715,000 after buying an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4 %

Shares of SCHD stock opened at $28.21 on Friday. The company has a market cap of $69.11 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The stock has a 50 day simple moving average of $27.69 and a 200-day simple moving average of $28.03. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month 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.