Harbour Investments Inc. lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 186.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 726,554 shares of the company’s stock after purchasing an additional 472,635 shares during the quarter. Schwab US Dividend Equity ETF comprises about 2.3% of Harbour Investments Inc.’s holdings, making the stock its 5th biggest holding. Harbour Investments Inc.’s holdings in Schwab US Dividend Equity ETF were worth $55,313,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of SCHD. Raleigh Capital Management Inc. purchased a new position in Schwab US Dividend Equity ETF during the third quarter worth about $28,000. Signature Resources Capital Management LLC purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $32,000. Bear Mountain Capital Inc. purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $34,000. Venturi Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $44,000. Finally, WestHill Financial Advisors Inc. boosted its stake in Schwab US Dividend Equity ETF by 106.3% during the third quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock worth $44,000 after buying an additional 319 shares during the period.
Schwab US Dividend Equity ETF Price Performance
Shares of SCHD stock opened at $77.11 on Friday. The firm has a market cap of $54.09 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a 50-day moving average of $78.03 and a two-hundred day moving average of $77.16. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82.
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.
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