NCM Capital Management LLC Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

NCM Capital Management LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 222.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 229,713 shares of the company’s stock after acquiring an additional 158,572 shares during the quarter. Schwab US Dividend Equity ETF makes up 2.8% of NCM Capital Management LLC’s investment portfolio, making the stock its 8th largest position. NCM Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,276,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital & Planning LLC boosted its holdings in Schwab US Dividend Equity ETF by 128.2% in the fourth quarter. Capital & Planning LLC now owns 21,196 shares of the company’s stock valued at $579,000 after acquiring an additional 11,906 shares in the last quarter. Annex Advisory Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 184.2% during the 4th quarter. Annex Advisory Services LLC now owns 11,506 shares of the company’s stock valued at $314,000 after purchasing an additional 7,457 shares in the last quarter. Diversify Advisory Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 8.2% during the 4th quarter. Diversify Advisory Services LLC now owns 46,822 shares of the company’s stock valued at $1,265,000 after purchasing an additional 3,534 shares in the last quarter. Ironwood Wealth Management LLC. increased its position in shares of Schwab US Dividend Equity ETF by 413.8% during the fourth quarter. Ironwood Wealth Management LLC. now owns 16,391 shares of the company’s stock valued at $448,000 after buying an additional 13,201 shares during the period. Finally, UMB Bank n.a. raised its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. UMB Bank n.a. now owns 8,100 shares of the company’s stock worth $221,000 after buying an additional 5,400 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $26.48 on Wednesday. The company has a 50-day simple moving average of $26.29 and a two-hundred day simple moving average of $27.50. The firm has a market capitalization of $68.85 billion, a PE ratio of 15.01 and a beta of 0.82. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72.

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.