Schwab US Dividend Equity ETF $SCHD Shares Acquired by MCF Advisors LLC

by · The Markets Daily

MCF Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 839.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 313,299 shares of the company’s stock after buying an additional 279,941 shares during the period. Schwab US Dividend Equity ETF makes up approximately 0.5% of MCF Advisors LLC’s holdings, making the stock its 29th largest position. MCF Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,594,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.1% in the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock valued at $126,040,000 after purchasing an additional 95,857 shares in the last quarter. Elmwood Wealth Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $1,003,000. Bell Bank lifted its holdings in shares of Schwab US Dividend Equity ETF by 53.3% in the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after purchasing an additional 36,212 shares in the last quarter. Aspire Capital Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after purchasing an additional 30,146 shares in the last quarter. Finally, BIP Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $1,589,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $32.30 on Friday. The firm has a 50-day moving average of $31.49 and a 200-day moving average of $30.05. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.91. The company has a market cap of $91.69 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

About Schwab US Dividend Equity ETF

(Free Report)

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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