Mesirow Financial Investment Management Inc. Boosts Stock Position in Schwab US Dividend Equity ETF $SCHD

Mesirow Financial Investment Management Inc. increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 458,848 shares of the company’s stock after purchasing an additional 20,087 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $12,160,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after buying an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 343.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock valued at $339,000 after buying an additional 9,382 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 10.1% during the 1st quarter. Golden State Wealth Management LLC now owns 17,275 shares of the company’s stock valued at $483,000 after buying an additional 1,586 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of SCHD stock opened at $26.68 on Friday. The stock has a market capitalization of $69.03 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm’s 50 day moving average is $27.29 and its 200 day moving average is $26.80. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72.

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.