Onyx Bridge Wealth Group LLC Has $5.55 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Onyx Bridge Wealth Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 72,939 shares of the company’s stock after buying an additional 13,780 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.1% of Onyx Bridge Wealth Group LLC’s holdings, making the stock its 24th largest holding. Onyx Bridge Wealth Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,553,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Wetzel Investment Advisors Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth $56,000. Greenleaf Trust raised its stake in shares of Schwab US Dividend Equity ETF by 82.1% in the 4th quarter. Greenleaf Trust now owns 5,526 shares of the company’s stock valued at $421,000 after purchasing an additional 2,491 shares during the period. American Financial Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 1.9% in the 4th quarter. American Financial Advisors LLC now owns 338,034 shares of the company’s stock valued at $25,735,000 after purchasing an additional 6,396 shares during the period. Cutler Investment Counsel LLC raised its stake in shares of Schwab US Dividend Equity ETF by 22.4% in the 4th quarter. Cutler Investment Counsel LLC now owns 46,074 shares of the company’s stock valued at $3,508,000 after purchasing an additional 8,427 shares during the period. Finally, Davidson Trust Co. raised its stake in shares of Schwab US Dividend Equity ETF by 40.9% in the 4th quarter. Davidson Trust Co. now owns 23,491 shares of the company’s stock valued at $1,788,000 after purchasing an additional 6,820 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded up $0.84 during midday trading on Friday, hitting $76.65. The stock had a trading volume of 3,401,817 shares, compared to its average volume of 3,671,898. The company has a 50 day simple moving average of $78.22 and a two-hundred day simple moving average of $74.92. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The firm has a market cap of $53.71 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

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.