Schwab US Dividend Equity ETF $SCHD Shares Purchased by US Bancorp DE

US Bancorp DE increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.9% in the 2nd quarter, Holdings Channel reports. The firm owned 160,949 shares of the company’s stock after purchasing an additional 2,985 shares during the period. US Bancorp DE’s holdings in Schwab US Dividend Equity ETF were worth $4,265,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SCHD. Brighton Jones LLC raised 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 worth $2,871,000 after purchasing 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% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC raised its position 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 worth $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Schwab US Dividend Equity ETF by 1.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,654,619 shares of the company’s stock valued at $325,863,000 after acquiring an additional 182,749 shares during the last quarter. Finally, Opal Wealth Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the 1st quarter valued at about $27,000.

Schwab US Dividend Equity ETF Trading Up 0.3%

SCHD stock opened at $26.63 on Tuesday. The company has a market cap of $69.53 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The firm has a 50-day moving average of $27.36 and a two-hundred day moving average of $26.72.

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.