Collective Family Office LLC Grows Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Collective Family Office LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 94,214 shares of the company’s stock after purchasing an additional 62,941 shares during the period. Collective Family Office LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,574,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. International Assets Investment Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth about $1,446,000. Weaver Consulting Group boosted its stake in Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Weaver Consulting Group now owns 97,310 shares of the company’s stock worth $2,659,000 after purchasing an additional 65,606 shares in the last quarter. Benchmark Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 200.3% during the 4th quarter. Benchmark Wealth Management LLC now owns 238,090 shares of the company’s stock worth $6,505,000 after purchasing an additional 158,794 shares during the last quarter. Stonehearth Capital Management LLC increased its stake in Schwab US Dividend Equity ETF by 208.9% during the 4th quarter. Stonehearth Capital Management LLC now owns 610,355 shares of the company’s stock valued at $16,675,000 after purchasing an additional 412,792 shares in the last quarter. Finally, FC Advisory LLC increased its stake in Schwab US Dividend Equity ETF by 202.3% during the 4th quarter. FC Advisory LLC now owns 20,192 shares of the company’s stock valued at $552,000 after purchasing an additional 13,513 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.3 %

Shares of NYSEARCA:SCHD traded down $0.08 on Wednesday, hitting $27.18. 5,567,410 shares of the company were exchanged, compared to its average volume of 14,565,556. The firm has a market capitalization of $19.07 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $24.97 and a 1-year high of $29.72. The stock’s 50 day moving average price is $28.35 and its 200 day moving average price is $27.75.

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.