Tenzing Financial LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 114,648 shares of the company’s stock, valued at approximately $3,145,000. Schwab US Dividend Equity ETF accounts for about 2.6% of Tenzing Financial LLC’s portfolio, making the stock its 11th largest position.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Perryman Financial Advisory Inc. AD acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $5,781,000. Piedmont Capital Management LLC NC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $2,419,000. Retirement Financial Solutions LLC lifted its position in shares of Schwab US Dividend Equity ETF by 53.9% during the 4th quarter. Retirement Financial Solutions LLC now owns 487,419 shares of the company’s stock valued at $13,370,000 after acquiring an additional 170,638 shares during the period. STAR Financial Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $212,000. Finally, MML Investors Services LLC lifted its position in shares of Schwab US Dividend Equity ETF by 5.8% during the 4th quarter. MML Investors Services LLC now owns 6,298,234 shares of the company’s stock valued at $172,761,000 after acquiring an additional 345,987 shares during the period.
Schwab US Dividend Equity ETF Stock Performance
SCHD stock opened at $32.82 on Monday. The firm has a 50 day moving average of $31.68 and a 200-day moving average of $30.26. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.92. The company has a market cap of $93.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.
Schwab US Dividend Equity ETF Company 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.
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