Straight Path Wealth Management Buys 7,556 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Straight Path Wealth Management lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 166.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,087 shares of the company’s stock after acquiring an additional 7,556 shares during the quarter. Straight Path Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $330,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after acquiring an additional 104,855 shares during the period. GAMMA Investing LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after acquiring an additional 6,502 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $163,000. Tenon Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.1% in the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after acquiring an additional 10,082 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 195.0% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock worth $715,000 after acquiring an additional 17,305 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.5 %

SCHD opened at $28.05 on Thursday. The company has a market cap of $68.72 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The company’s 50 day moving average is $27.82 and its 200 day moving average is $28.12. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72.

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.