Tenzing Financial LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Tenzing Financial LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 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 biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares in the last quarter. Bison Wealth LLC boosted its holdings in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares in the last quarter. Finally, United Bank boosted its holdings in Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after purchasing an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $32.82 on Monday. Schwab US Dividend Equity ETF has a twelve month low of $26.16 and a twelve month high of $32.92. The stock’s 50 day moving average is $31.68 and its two-hundred day moving average is $30.26. The firm has a market capitalization of $93.17 billion, a PE ratio of 14.57 and a beta of 0.67.

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.