Schwab US Dividend Equity ETF $SCHD Stock Position Lifted by MJT & Associates Financial Advisory Group Inc.

MJT & Associates Financial Advisory Group Inc. raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.4% during the fourth quarter, Holdings Channel reports. The firm owned 791,506 shares of the company’s stock after buying an additional 33,110 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 16.2% of MJT & Associates Financial Advisory Group Inc.’s portfolio, making the stock its 3rd biggest position. MJT & Associates Financial Advisory Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $21,711,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SCHD. Brighton Jones LLC increased its position in Schwab US Dividend Equity ETF by 404.6% during 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 during the period. Revolve Wealth Partners LLC increased its position in Schwab US Dividend Equity ETF by 206.9% during 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 during the period. Bison Wealth LLC increased its position in 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 valued at $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. increased its position in Schwab US Dividend Equity ETF by 35.6% during 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 during the period. Finally, United Bank increased its position in Schwab US Dividend Equity ETF by 5.0% during 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 during the period.

Schwab US Dividend Equity ETF Trading Up 0.6%

Shares of Schwab US Dividend Equity ETF stock opened at $32.37 on Wednesday. The company’s fifty day simple moving average is $31.34 and its two-hundred day simple moving average is $29.92. The company has a market cap of $91.89 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.07 and a 12-month high of $32.91.

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.