Onyx Bridge Wealth Group LLC Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Onyx Bridge Wealth Group LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 72,939 shares of the company’s stock after purchasing an additional 13,780 shares during the quarter. Schwab US Dividend Equity ETF comprises 1.1% of Onyx Bridge Wealth Group LLC’s portfolio, making the stock its 24th largest position. Onyx Bridge Wealth Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,553,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fortune 45 LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.6% in the first quarter. Fortune 45 LLC now owns 82,847 shares of the company’s stock worth $6,535,000 after buying an additional 2,904 shares in the last quarter. United Bank lifted its stake in shares of Schwab US Dividend Equity ETF by 7.6% in the first quarter. United Bank now owns 47,346 shares of the company’s stock worth $3,735,000 after buying an additional 3,357 shares in the last quarter. MAS Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 32.9% in the first quarter. MAS Advisors LLC now owns 38,659 shares of the company’s stock worth $3,087,000 after buying an additional 9,564 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Schwab US Dividend Equity ETF by 10.0% in the first quarter. Bank of New York Mellon Corp now owns 29,004 shares of the company’s stock worth $2,288,000 after buying an additional 2,629 shares in the last quarter. Finally, Citigroup Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 53.4% in the first quarter. Citigroup Inc. now owns 50,347 shares of the company’s stock worth $3,972,000 after buying an additional 17,526 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.1 %

Shares of NYSEARCA SCHD traded up $0.84 during midday trading on Friday, hitting $76.65. The stock had a trading volume of 3,401,817 shares, compared to its average volume of 3,671,898. The business’s 50 day moving average is $78.22 and its 200-day moving average is $74.92. The company has a market cap of $53.71 billion, a P/E ratio of 15.00 and a beta of 0.79. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82.

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.