Schwab US Dividend Equity ETF $SCHD Holdings Increased by Narwhal Capital Management

Narwhal Capital Management grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,495 shares of the company’s stock after buying an additional 400 shares during the quarter. Narwhal Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $967,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Brighton Jones LLC grew its stake in shares of Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the last quarter. OLD National Bancorp IN acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth approximately $386,000. Finally, Fiduciary Financial Group LLC grew its stake in shares of Schwab US Dividend Equity ETF by 11.1% in the 1st quarter. Fiduciary Financial Group LLC now owns 9,275 shares of the company’s stock worth $259,000 after purchasing an additional 926 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.18 on Thursday. The firm’s 50 day moving average is $27.34 and its 200-day moving average is $26.76. The stock has a market capitalization of $71.22 billion, a P/E ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72.

Schwab US Dividend Equity ETF 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.