Narwhal Capital Management Grows Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Narwhal Capital Management boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,095 shares of the company’s stock after buying an additional 1,400 shares during the period. Narwhal Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $1,009,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ritter Daniher Financial Advisory LLC DE increased its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares during the period. Opal Wealth Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $27,000. Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after purchasing an additional 777 shares during the period. PFG Private Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after buying an additional 686 shares in the last quarter. Finally, Mountain Hill Investment Partners Corp. purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $26.70 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The firm has a market capitalization of $69.42 billion, a P/E ratio of 14.34 and a beta of 0.80. The firm’s 50-day moving average is $26.12 and its two-hundred day moving average is $27.06.

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.