North Forty Two & Co. Grows Stock Holdings in Schwab US Dividend Equity ETF $SCHD

North Forty Two & Co. increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,188 shares of the company’s stock after purchasing an additional 30,110 shares during the quarter. Schwab US Dividend Equity ETF accounts for 3.0% of North Forty Two & Co.’s holdings, making the stock its 7th biggest position. North Forty Two & Co.’s holdings in Schwab US Dividend Equity ETF were worth $3,214,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mountain Hill Investment Partners Corp. raised its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $25,000. Field & Main Bank bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $29,000. Finally, Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $32.83 on Tuesday. Schwab US Dividend Equity ETF has a 52-week low of $25.69 and a 52-week high of $32.88. The company’s 50 day simple moving average is $31.17 and its 200-day simple moving average is $29.72. The firm has a market capitalization of $93.19 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.