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

Blue Chip Partners LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,142 shares of the company’s stock after acquiring an additional 5,453 shares during the quarter. Blue Chip Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $222,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHD. JPMorgan Chase & Co. lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC increased its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Dividend Equity ETF in the third quarter valued at about $163,000. Tenon Financial LLC boosted 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 acquiring an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. boosted 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 acquiring an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2 %

SCHD opened at $27.79 on Monday. The company has a market cap of $19.49 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s 50-day moving average price is $27.72 and its 200-day moving average price is $28.00. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week 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.