OneAscent Financial Services LLC Raises Stake in Schwab US Dividend Equity ETF $SCHD

OneAscent Financial Services LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 37.9% during the 4th quarter, HoldingsChannel reports. The firm owned 58,952 shares of the company’s stock after purchasing an additional 16,212 shares during the period. OneAscent Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,617,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of Schwab US Dividend Equity ETF by 2.1% during the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after acquiring an additional 95,857 shares during the last quarter. Elmwood Wealth Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $1,003,000. Bell Bank increased its position in shares of Schwab US Dividend Equity ETF by 53.3% during the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after acquiring an additional 36,212 shares during the last quarter. Aspire Capital Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after acquiring an additional 30,146 shares during the last quarter. Finally, BIP Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $1,589,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $32.30 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $26.16 and a 1 year high of $32.91. The firm has a market cap of $91.69 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The stock’s 50-day simple moving average is $31.49 and its 200-day simple moving average is $30.05.

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.