Simplicity Wealth LLC Purchases 2,118 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Simplicity Wealth LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 33,377 shares of the company’s stock after buying an additional 2,118 shares during the quarter. Simplicity Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $912,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in Schwab US Dividend Equity ETF by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after buying an additional 104,855 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after purchasing an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $163,000. Tenon Financial LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 200.1% in the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock valued at $412,000 after purchasing an additional 10,082 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 195.0% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after purchasing an additional 17,305 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.4 %

SCHD stock opened at $28.46 on Monday. The business’s fifty day moving average is $27.85 and its 200-day moving average is $28.13. The company has a market cap of $69.73 billion, a P/E ratio of 17.56 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month 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.