Triton Wealth Management PLLC Purchases 20,295 Shares of Schwab US Dividend Equity ETF $SCHD

Triton Wealth Management PLLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 60.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,763 shares of the company’s stock after purchasing an additional 20,295 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 0.6% of Triton Wealth Management PLLC’s investment portfolio, making the stock its 29th largest holding. Triton Wealth Management PLLC’s holdings in Schwab US Dividend Equity ETF were worth $1,634,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. increased its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $25,000. Biltmore Family Office LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares in the last quarter. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000.

Schwab US Dividend Equity ETF Stock Up 0.2%

Shares of NYSEARCA SCHD opened at $31.80 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $25.69 and a 52 week high of $32.13. The business’s 50 day moving average price is $31.00 and its 200 day moving average price is $29.45. The firm has a market cap of $90.27 billion, a P/E ratio of 14.57 and a beta of 0.68.

About Schwab US Dividend Equity ETF

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.