Cyr Financial Inc. boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 297.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 205,951 shares of the company’s stock after acquiring an additional 154,176 shares during the period. Schwab US Dividend Equity ETF accounts for about 5.1% of Cyr Financial Inc.’s holdings, making the stock its 8th biggest position. Cyr Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $5,627,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Sumitomo Life Insurance Co. increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares during the period. Orgel Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. lifted its holdings in Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the period. LVW Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 203.4% in the fourth quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after acquiring an additional 2,412,003 shares during the period. Finally, Fifth Third Bancorp boosted its position in shares of Schwab US Dividend Equity ETF by 192.7% during the 4th quarter. Fifth Third Bancorp now owns 3,038,718 shares of the company’s stock worth $83,018,000 after purchasing an additional 2,000,527 shares in the last quarter.
Schwab US Dividend Equity ETF Stock Down 0.1 %
Shares of SCHD opened at $27.98 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The company has a 50-day simple moving average of $28.07 and a 200-day simple moving average of $27.94. The company has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74.
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.
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