Blue Chip Partners LLC Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Blue Chip Partners LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,142 shares of the company’s stock after purchasing an additional 5,453 shares during the quarter. Blue Chip Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $222,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $26,000. IFS Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Finally, Olistico Wealth LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.79 on Monday. The company has a market capitalization of $19.49 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s fifty day moving average price is $27.72 and its 200 day moving average price is $28.00. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 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.