Worth Asset Management LLC Purchases 8,420 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Worth Asset Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 94.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,360 shares of the company’s stock after acquiring an additional 8,420 shares during the quarter. Worth Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $474,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Natixis Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 21.5% in the 2nd quarter. Natixis Advisors LLC now owns 17,206 shares of the company’s stock worth $1,338,000 after buying an additional 3,042 shares during the period. National Bank of Canada FI grew its stake in shares of Schwab US Dividend Equity ETF by 3.9% in the second quarter. National Bank of Canada FI now owns 42,251 shares of the company’s stock worth $3,267,000 after acquiring an additional 1,600 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in Schwab US Dividend Equity ETF during the 2nd quarter valued at $72,000. Sachetta LLC increased its position in Schwab US Dividend Equity ETF by 39.8% during the second quarter. Sachetta LLC now owns 38,429 shares of the company’s stock valued at $3,182,000 after acquiring an additional 10,946 shares during the last quarter. Finally, FRG Family Wealth Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.3% during the 2nd quarter. FRG Family Wealth Advisors LLC now owns 130,150 shares of the company’s stock valued at $10,331,000 after purchasing an additional 1,690 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.3 %

SCHD traded down $0.07 during trading on Wednesday, hitting $27.19. The company’s stock had a trading volume of 6,856,619 shares, compared to its average volume of 14,831,542. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The business’s 50 day simple moving average is $28.35 and its 200-day simple moving average is $27.75. The firm has a market cap of $19.07 billion, a PE ratio of 15.04 and a beta of 0.74.

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.