Note Advisors LLC Invests $1.32 Million in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Note Advisors LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 48,385 shares of the company’s stock, valued at approximately $1,322,000. Schwab US Dividend Equity ETF accounts for approximately 1.2% of Note Advisors LLC’s holdings, making the stock its 22nd biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NCM Capital Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 222.9% in the 4th quarter. NCM Capital Management LLC now owns 229,713 shares of the company’s stock worth $6,276,000 after purchasing an additional 158,572 shares during the period. Royal Capital Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 200.5% in the fourth quarter. Royal Capital Wealth Management LLC now owns 47,506 shares of the company’s stock worth $1,298,000 after acquiring an additional 31,699 shares in the last quarter. Glen Eagle Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 159.4% in the 4th quarter. Glen Eagle Advisors LLC now owns 2,620 shares of the company’s stock valued at $72,000 after acquiring an additional 1,610 shares during the period. White Knight Strategic Wealth Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 498.2% during the 4th quarter. White Knight Strategic Wealth Advisors LLC now owns 170,504 shares of the company’s stock worth $4,658,000 after purchasing an additional 142,000 shares during the period. Finally, Mpwm Advisory Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth $87,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $26.48 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The company has a market capitalization of $68.85 billion, a price-to-earnings ratio of 15.01 and a beta of 0.82. The business has a 50-day moving average of $26.29 and a 200-day moving average of $27.50.

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.