North Star Investment Management Corp. Purchases 34,128 Shares of Schwab US Dividend Equity ETF $SCHD

North Star Investment Management Corp. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 44.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,746 shares of the company’s stock after purchasing an additional 34,128 shares during the quarter. North Star Investment Management Corp.’s holdings in Schwab US Dividend Equity ETF were worth $3,038,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Mountain Hill Investment Partners Corp. boosted its position in shares of Schwab US Dividend Equity ETF by 1,241.8% during the fourth 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. Biltmore Family Office LLC boosted its position in shares of Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares in the last quarter. Field & Main Bank bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $29,000. Triumph Capital Management bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $33,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $35,000.

Schwab US Dividend Equity ETF Stock Up 1.6%

Shares of NYSEARCA:SCHD traded up $0.50 during midday trading on Thursday, reaching $31.95. 6,196,224 shares of the company were exchanged, compared to its average volume of 22,963,854. Schwab US Dividend Equity ETF has a fifty-two week low of $25.50 and a fifty-two week high of $31.96. The stock has a fifty day simple moving average of $30.98 and a two-hundred day simple moving average of $29.12. The firm has a market cap of $90.44 billion, a PE ratio of 14.57 and a beta of 0.70.

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.