BNC Wealth Management LLC Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

BNC Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 192.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,160 shares of the company’s stock after buying an additional 31,678 shares during the period. BNC Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,316,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Portside Wealth Group LLC acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at $68,000. Wealth Alliance Advisory Group LLC increased its position in shares of Schwab US Dividend Equity ETF by 536.4% during the fourth quarter. Wealth Alliance Advisory Group LLC now owns 18,919 shares of the company’s stock valued at $517,000 after acquiring an additional 15,946 shares during the last quarter. Financial Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $293,000. Walker Financial Services Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 238.0% in the fourth quarter. Walker Financial Services Inc. now owns 1,307,997 shares of the company’s stock valued at $35,734,000 after purchasing an additional 921,055 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. grew its holdings in Schwab US Dividend Equity ETF by 40.5% during the 4th quarter. Astoria Portfolio Advisors LLC. now owns 55,749 shares of the company’s stock worth $1,534,000 after acquiring an additional 16,065 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $27.99 on Friday. The company has a market cap of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.03 and a 12 month high of $29.72. The company has a fifty day moving average price of $28.19 and a 200 day moving average price of $27.82.

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.