CVA Family Office LLC Buys 147,599 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

CVA Family Office LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,445,913 shares of the company’s stock after buying an additional 147,599 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 10.5% of CVA Family Office LLC’s portfolio, making the stock its largest position. CVA Family Office LLC owned approximately 0.09% of Schwab US Dividend Equity ETF worth $68,388,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. Capital & Planning LLC lifted its stake in Schwab US Dividend Equity ETF by 128.2% in the fourth quarter. Capital & Planning LLC now owns 21,196 shares of the company’s stock valued at $579,000 after buying an additional 11,906 shares during the period. Ironwood Wealth Management LLC. lifted its stake in Schwab US Dividend Equity ETF by 413.8% in the fourth quarter. Ironwood Wealth Management LLC. now owns 16,391 shares of the company’s stock valued at $448,000 after buying an additional 13,201 shares during the period. Eagle Capital Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 204.9% during the fourth quarter. Eagle Capital Management LLC now owns 862,365 shares of the company’s stock worth $23,560,000 after purchasing an additional 579,549 shares during the period. Brighton Jones LLC raised its position in shares of Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the period. Finally, Revolve Wealth Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $26.90 on Friday. The firm has a market cap of $69.94 billion, a P/E ratio of 15.93 and a beta of 0.82. The stock’s 50-day moving average is $25.95 and its 200-day moving average is $27.19. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72.

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.