Schwab US Dividend Equity ETF $SCHD is Yukon Wealth Management Inc.’s 3rd Largest Position

Yukon Wealth Management Inc. decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 35.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 339,666 shares of the company’s stock after selling 186,750 shares during the quarter. Schwab US Dividend Equity ETF comprises 5.4% of Yukon Wealth Management Inc.’s portfolio, making the stock its 3rd biggest holding. Yukon Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $9,317,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after purchasing an additional 95,857 shares during the period. Elmwood Wealth Management Inc. bought a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $1,003,000. Bell Bank grew its holdings in Schwab US Dividend Equity ETF by 53.3% during the 4th 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 during the last quarter. Aspire Capital Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 2.9% during the 4th 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 during the last quarter. Finally, BIP Wealth LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $1,589,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $32.50 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $25.89 and a 1 year high of $32.91. The business has a 50 day simple moving average of $31.31 and a two-hundred day simple moving average of $29.87. The firm has a market capitalization of $92.26 billion, a PE ratio of 14.57 and a beta of 0.68.

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.