Schwab US Dividend Equity ETF $SCHD is Duncan Williams Asset Management LLC’s 4th Largest Position

Duncan Williams Asset Management LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.7% in the second quarter, Holdings Channel reports. The institutional investor owned 1,124,692 shares of the company’s stock after purchasing an additional 80,085 shares during the period. Schwab US Dividend Equity ETF accounts for about 4.6% of Duncan Williams Asset Management LLC’s portfolio, making the stock its 4th largest position. Duncan Williams Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $29,804,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC purchased a new position in Schwab US Dividend Equity ETF during the second quarter worth approximately $1,031,129,000. Wealthspire Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 95.2% during the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after buying an additional 14,410,724 shares during the period. LPL Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after buying an additional 2,470,706 shares in the last quarter. Cresset Asset Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 37.5% during the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after buying an additional 2,069,007 shares in the last quarter. Finally, Avantax Advisory Services Inc. grew its stake in Schwab US Dividend Equity ETF by 6.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after acquiring an additional 1,637,300 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.41 on Monday. The firm has a fifty day moving average of $27.33 and a 200 day moving average of $26.75. The firm has a market cap of $71.87 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72.

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.