Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Tenon Financial LLC

Tenon Financial LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,121 shares of the company’s stock after purchasing an additional 10,082 shares during the quarter. Schwab US Dividend Equity ETF comprises about 0.3% of Tenon Financial LLC’s portfolio, making the stock its 28th biggest position. Tenon Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $412,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Joel Isaacson & Co. LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 237.8% in the fourth quarter. Joel Isaacson & Co. LLC now owns 50,843 shares of the company’s stock worth $1,389,000 after buying an additional 35,790 shares during the last quarter. Northstar Group Inc. raised its stake in Schwab US Dividend Equity ETF by 190.7% in the 4th quarter. Northstar Group Inc. now owns 142,910 shares of the company’s stock worth $3,904,000 after acquiring an additional 93,741 shares during the last quarter. Capital Management Associates Inc raised its stake in Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Capital Management Associates Inc now owns 25,768 shares of the company’s stock worth $704,000 after acquiring an additional 17,240 shares during the last quarter. BLB&B Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 182.0% during the 4th quarter. BLB&B Advisors LLC now owns 96,589 shares of the company’s stock valued at $2,639,000 after purchasing an additional 62,333 shares during the last quarter. Finally, SOA Wealth Advisors LLC. increased its holdings in shares of Schwab US Dividend Equity ETF by 186.2% in the fourth quarter. SOA Wealth Advisors LLC. now owns 35,853 shares of the company’s stock valued at $979,000 after purchasing an additional 23,324 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.7 %

Shares of NYSEARCA:SCHD opened at $27.56 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The stock has a market cap of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50-day moving average price of $27.89 and a 200-day moving average price of $27.97.

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.