Compass Ion Advisors LLC Purchases 34,567 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Compass Ion Advisors LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 212.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,868 shares of the company’s stock after purchasing an additional 34,567 shares during the quarter. Compass Ion Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,390,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares in the last quarter. GAMMA Investing LLC raised its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab US Dividend Equity ETF in the third quarter worth $163,000. Tenon Financial LLC raised its holdings in Schwab US Dividend Equity ETF by 200.1% in the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after purchasing an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. raised its holdings in Schwab US Dividend Equity ETF by 195.0% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after purchasing an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.92 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The business has a fifty day moving average price of $27.91 and a 200-day moving average price of $28.13. The company has a market capitalization of $69.24 billion, a PE ratio of 17.56 and a beta of 0.86.

About Schwab US Dividend Equity ETF

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.