Private Client Services LLC Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Private Client Services LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 192.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,841 shares of the company’s stock after purchasing an additional 11,078 shares during the quarter. Private Client Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $460,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SCHD. Colorado Capital Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after purchasing an additional 121 shares in the last quarter. Brick & Kyle Associates boosted its position in shares of Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after acquiring an additional 130 shares during the last quarter. Ascent Group LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.2% in the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after purchasing an additional 145 shares during the last quarter. Meridian Management Co. raised its stake in Schwab US Dividend Equity ETF by 1.5% in the second quarter. Meridian Management Co. now owns 11,561 shares of the company’s stock valued at $899,000 after purchasing an additional 166 shares in the last quarter. Finally, Sunflower Bank N.A. lifted its position in Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after purchasing an additional 185 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock traded up $0.01 during midday trading on Wednesday, reaching $27.27. The company had a trading volume of 9,000,417 shares, compared to its average volume of 15,241,043. The firm has a 50-day moving average price of $28.35 and a 200-day moving average price of $27.75. The company has a market capitalization of $19.13 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72.

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.