NovaPoint Capital LLC Has $356,000 Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

NovaPoint Capital LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 13,026 shares of the company’s stock after purchasing an additional 8,684 shares during the period. NovaPoint Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $356,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Sumitomo Life Insurance Co. lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after acquiring an additional 17,880,000 shares during the period. Orgel Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after acquiring an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the period. HHM Wealth Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 207.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after acquiring an additional 3,286,917 shares during the period. Finally, LVW Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 203.4% during the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after acquiring an additional 2,412,003 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.7 %

Schwab US Dividend Equity ETF stock opened at $27.95 on Thursday. The firm’s fifty day moving average is $27.95 and its 200 day moving average is $27.97. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The company has a market capitalization of $19.61 billion, a PE ratio of 15.04 and a beta of 0.74.

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.