Schwab US Dividend Equity ETF $SCHD Stake Boosted by Noble Family Wealth LLC

Noble Family Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,427,691 shares of the company’s stock after buying an additional 58,501 shares during the period. Schwab US Dividend Equity ETF accounts for 8.3% of Noble Family Wealth LLC’s portfolio, making the stock its 4th biggest position. Noble Family Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $39,162,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. Rakuten Investment Management Inc. purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $1,127,144,000. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $847,665,000. Cibc World Market Inc. raised its stake in Schwab US Dividend Equity ETF by 243.5% in the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after buying an additional 3,777,339 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after acquiring an additional 1,217,005 shares in the last quarter. Finally, Lido Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $32,308,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $30.39 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95. The firm has a market capitalization of $79.93 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The stock’s 50-day simple moving average is $30.57 and its 200-day simple moving average is $28.44.

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.