Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Holdings Lifted by Capital Square LLC

Capital Square LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 216.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,295 shares of the company’s stock after buying an additional 78,183 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.8% of Capital Square LLC’s holdings, making the stock its 8th largest position. Capital Square LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,208,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Anchor Investment Management LLC boosted its position in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after purchasing an additional 428 shares in the last quarter. Bernardo Wealth Planning LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock valued at $366,000 after purchasing an additional 498 shares during the period. Central Pacific Bank Trust Division raised its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after buying an additional 650 shares during the last quarter. Finally, PFG Private Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock valued at $28,000 after acquiring an additional 686 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $25.13 on Thursday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The stock has a market capitalization of $64.84 billion, a price-to-earnings ratio of 15.04 and a beta of 0.83. The stock has a 50 day moving average price of $27.33 and a 200 day moving average price of $27.91.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.2488 per share. The ex-dividend date was Wednesday, March 26th.

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.