Simplex Trading LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Simplex Trading LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 445.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 76,471 shares of the company’s stock after buying an additional 62,454 shares during the period. Simplex Trading LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,089,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHD. Citigroup Inc. raised its holdings in Schwab US Dividend Equity ETF by 6.7% in the third quarter. Citigroup Inc. now owns 170,486 shares of the company’s stock worth $14,411,000 after purchasing an additional 10,724 shares in the last quarter. Bank of Montreal Can grew its position in shares of Schwab US Dividend Equity ETF by 11.5% in the 3rd quarter. Bank of Montreal Can now owns 33,878 shares of the company’s stock worth $2,855,000 after buying an additional 3,503 shares during the last quarter. FMR LLC raised its stake in shares of Schwab US Dividend Equity ETF by 39.3% during the 3rd quarter. FMR LLC now owns 127,966 shares of the company’s stock worth $10,817,000 after acquiring an additional 36,115 shares in the last quarter. Townsquare Capital LLC lifted its position in Schwab US Dividend Equity ETF by 8.8% during the third quarter. Townsquare Capital LLC now owns 52,143 shares of the company’s stock valued at $4,408,000 after acquiring an additional 4,200 shares during the last quarter. Finally, Glenmede Trust Co. NA boosted its stake in Schwab US Dividend Equity ETF by 79.0% in the third quarter. Glenmede Trust Co. NA now owns 5,587 shares of the company’s stock valued at $472,000 after acquiring an additional 2,465 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2 %

Shares of SCHD stock opened at $27.75 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The business’s fifty day simple moving average is $27.97 and its 200-day simple moving average is $28.13. The company has a market cap of $69.93 billion, a PE ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be paid a dividend of $0.2488 per share. The ex-dividend date is Wednesday, March 26th.

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.