Marble Wealth LLC Invests $8.01 Million in Schwab US Dividend Equity ETF $SCHD

Marble Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) in the fourth quarter, Holdings Channel.com reports. The fund acquired 292,173 shares of the company’s stock, valued at approximately $8,014,000. Schwab US Dividend Equity ETF comprises about 1.1% of Marble Wealth LLC’s portfolio, making the stock its 21st biggest holding.

A number of other hedge funds also recently made changes to their positions in the stock. MJT & Associates Financial Advisory Group Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.4% during the 4th quarter. MJT & Associates Financial Advisory Group Inc. now owns 791,506 shares of the company’s stock worth $21,711,000 after acquiring an additional 33,110 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Schwab US Dividend Equity ETF by 37.6% in the fourth quarter. Bank of New York Mellon Corp now owns 833,383 shares of the company’s stock worth $22,860,000 after purchasing an additional 227,654 shares during the last quarter. Harfst & Associates Inc. bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $237,000. Bruce G. Allen Investments LLC lifted its stake in Schwab US Dividend Equity ETF by 37.0% in the fourth quarter. Bruce G. Allen Investments LLC now owns 409,630 shares of the company’s stock worth $11,236,000 after purchasing an additional 110,671 shares during the last quarter. Finally, Natixis Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 16.7% in the fourth quarter. Natixis Advisors LLC now owns 61,649 shares of the company’s stock worth $1,691,000 after purchasing an additional 8,811 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.6%

Schwab US Dividend Equity ETF stock opened at $32.37 on Wednesday. The company has a market capitalization of $91.89 billion, a PE ratio of 14.57 and a beta of 0.68. The firm has a fifty day simple moving average of $31.34 and a two-hundred day simple moving average of $29.92. Schwab US Dividend Equity ETF has a twelve month low of $26.07 and a twelve month high of $32.91.

Schwab US Dividend Equity ETF Profile

(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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Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).