Kades & Cheifetz LLC Purchases 391,368 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)
by Scott Moore · The Cerbat GemKades & Cheifetz LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 198.0% during the 4th quarter, HoldingsChannel reports. The fund owned 589,033 shares of the company’s stock after purchasing 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 holding. Kades & Cheifetz LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,092,000 at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Wulff Hansen & CO. increased its holdings in shares of Schwab US Dividend Equity ETF by 8,405.3% in the second quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock worth $113,175,000 after acquiring an additional 1,438,322 shares in the last quarter. Burkett Financial Services LLC grew its stake in Schwab US Dividend Equity ETF by 201.1% in the fourth quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock valued at $42,131,000 after purchasing an additional 1,030,031 shares in the last quarter. Sanctuary Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 209.1% in the third quarter. Sanctuary Advisors LLC now owns 912,589 shares of the company’s stock valued at $77,141,000 after purchasing an additional 617,308 shares in the last quarter. Allied Investment Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 18,100.5% in the third quarter. Allied Investment Advisors LLC now owns 477,398 shares of the company’s stock valued at $40,354,000 after purchasing an additional 474,775 shares in the last quarter. Finally, Waller Financial Planning Group Inc. grew its stake in Schwab US Dividend Equity ETF by 202.0% in the fourth quarter. Waller Financial Planning Group Inc. now owns 678,808 shares of the company’s stock valued at $18,545,000 after purchasing an additional 454,012 shares in the last quarter.
Schwab US Dividend Equity ETF Price Performance
SCHD stock traded up $0.29 during mid-day trading 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 simple moving average of $28.29 and a two-hundred day simple moving average of $27.77. The company has a market capitalization of $19.15 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52 week low of $24.97 and a 52 week high of $29.72.
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.
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