Lexington Hill Partners LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 34.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 180,561 shares of the company’s stock after purchasing an additional 46,658 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 2.8% of Lexington Hill Partners LLC’s investment portfolio, making the stock its 8th largest holding. Lexington Hill Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,726,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in SCHD. Wells Fargo & Company MN lifted its holdings in Schwab US Dividend Equity ETF by 5.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock valued at $279,883,000 after buying an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. boosted its position in Schwab US Dividend Equity ETF by 3.8% in the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after buying an additional 366,548 shares during the period. Cassaday & Co Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 3.5% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after acquiring an additional 324,778 shares in the last quarter. Royal Bank of Canada grew its stake in Schwab US Dividend Equity ETF by 8.3% in the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after acquiring an additional 660,876 shares in the last quarter. Finally, Cibc World Market Inc. increased its position in shares of Schwab US Dividend Equity ETF by 31.8% during the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after acquiring an additional 1,694,144 shares during the period.
Schwab US Dividend Equity ETF Stock Performance
Shares of NYSEARCA:SCHD opened at $33.90 on Friday. The firm’s 50 day simple moving average is $32.62 and its 200-day simple moving average is $31.61. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $34.24. The firm has a market cap of $105.32 billion, a PE ratio of 14.57 and a beta of 0.67.
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.
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