Cape Investment Advisory Inc. Has $121,000 Holdings in Schwab US Dividend Equity ETF $SCHD

Cape Investment Advisory Inc. decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 97.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,448 shares of the company’s stock after selling 167,829 shares during the quarter. Cape Investment Advisory Inc.’s holdings in Schwab US Dividend Equity ETF were worth $121,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHD. Brighton Jones LLC boosted its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after acquiring an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares in the last quarter. Bison Wealth LLC raised its position in shares of Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after acquiring an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares during the period. Finally, United Bank lifted its stake in shares of Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after purchasing an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $30.58 on Thursday. The stock’s 50-day moving average is $30.49 and its 200 day moving average is $28.41. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.95. The firm has a market cap of $80.43 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.