Elevation Wealth Partners LLC Has $3.23 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Elevation Wealth Partners LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 121,793 shares of the company’s stock after buying an additional 1,455 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.3% of Elevation Wealth Partners LLC’s holdings, making the stock its 17th biggest position. Elevation Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,228,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHD. Brighton Jones LLC lifted its position in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after buying an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares during the last quarter. Northern Trust Corp lifted its position in shares of Schwab US Dividend Equity ETF by 247.5% in the fourth quarter. Northern Trust Corp now owns 253,449 shares of the company’s stock worth $6,924,000 after buying an additional 180,519 shares during the last quarter. Bison Wealth LLC lifted its position in shares of Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its position in shares of Schwab US Dividend Equity ETF by 497.2% during the 4th quarter. Quantinno Capital Management LP now owns 46,212 shares of the company’s stock worth $1,263,000 after purchasing an additional 38,474 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.48 on Monday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The stock has a market capitalization of $71.68 billion, a PE ratio of 14.57 and a beta of 0.88. The stock has a 50-day simple moving average of $27.30 and a 200 day simple moving average of $26.82.

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.