Kades & Cheifetz LLC Acquires 391,368 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Kades & Cheifetz LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 198.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 589,033 shares of the company’s stock after buying an additional 391,368 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 8.2% of Kades & Cheifetz LLC’s investment portfolio, making the stock its largest position. Kades & Cheifetz LLC owned about 0.08% of Schwab US Dividend Equity ETF worth $16,092,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Colorado Capital Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after purchasing an additional 121 shares in the last quarter. Brick & Kyle Associates grew its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock worth $354,000 after purchasing an additional 130 shares in the last quarter. Ascent Group LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after purchasing an additional 145 shares in the last quarter. Sunflower Bank N.A. grew its position in Schwab US Dividend Equity ETF by 4.2% in the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after acquiring an additional 185 shares during the period. Finally, Sound Income Strategies LLC grew its position in Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after acquiring an additional 191 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.1 %

NYSEARCA:SCHD traded up $0.29 during trading hours on Monday, reaching $27.30. The company had a trading volume of 14,766,542 shares, compared to its average volume of 16,806,191. The stock has a 50-day moving average of $28.29 and a two-hundred day moving average of $27.77. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The firm has a market capitalization of $19.15 billion, a PE ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company 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.