Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stake Raised by Silver Coast Investments LLC

Silver Coast Investments LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 173.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,131,282 shares of the company’s stock after purchasing an additional 717,797 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 11.7% of Silver Coast Investments LLC’s holdings, making the stock its 2nd biggest position. Silver Coast Investments LLC owned approximately 0.16% of Schwab US Dividend Equity ETF worth $30,907,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of 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 buying an additional 104,855 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after acquiring an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $163,000. Tenon Financial LLC raised its holdings in Schwab US Dividend Equity ETF by 200.1% in the 4th quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after acquiring an additional 10,082 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. lifted its position in Schwab US Dividend Equity ETF by 195.0% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after acquiring an additional 17,305 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $28.54 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The company has a market cap of $69.92 billion, a P/E ratio of 17.48 and a beta of 0.88. The stock’s fifty day moving average price is $27.78 and its 200-day moving average price is $28.11.

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.