Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Raised by Spinnaker Investment Group LLC

Spinnaker Investment Group LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 206.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,633,231 shares of the company’s stock after purchasing an additional 1,100,364 shares during the period. Schwab US Dividend Equity ETF comprises about 10.8% of Spinnaker Investment Group LLC’s holdings, making the stock its 3rd largest holding. Spinnaker Investment Group LLC owned approximately 0.23% of Schwab US Dividend Equity ETF worth $44,620,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHD. Secure Asset Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 293.9% during the 4th quarter. Secure Asset Management LLC now owns 99,165 shares of the company’s stock valued at $2,709,000 after purchasing an additional 73,993 shares during the last quarter. Red Door Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 194.1% during the fourth quarter. Red Door Wealth Management LLC now owns 216,604 shares of the company’s stock valued at $5,918,000 after buying an additional 142,946 shares during the period. Galvin Gaustad & Stein LLC grew its stake in shares of Schwab US Dividend Equity ETF by 197.4% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 53,487 shares of the company’s stock valued at $1,461,000 after buying an additional 35,500 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 209.9% in the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 185,393 shares of the company’s stock worth $5,065,000 after buying an additional 125,564 shares during the period. Finally, Avior Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 248.1% during the 4th quarter. Avior Wealth Management LLC now owns 433,699 shares of the company’s stock worth $11,846,000 after acquiring an additional 309,098 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.09 on Friday. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The business’s 50 day simple moving average is $28.13 and its two-hundred day simple moving average is $27.87. The stock has a market capitalization of $19.71 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.