Schwab US Dividend Equity ETF $SCHD Stock Holdings Raised by Sims Investment Management LLC

Sims Investment Management LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 625,972 shares of the company’s stock after purchasing an additional 3,173 shares during the period. Schwab US Dividend Equity ETF accounts for 6.7% of Sims Investment Management LLC’s portfolio, making the stock its 4th biggest position. Sims Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,588,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC purchased a new stake in Schwab US Dividend Equity ETF in the second quarter worth $1,031,129,000. LPL Financial LLC grew its stake in Schwab US Dividend Equity ETF by 6.8% in the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after purchasing an additional 2,470,706 shares during the period. Wealthspire Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 95.2% in the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares during the period. Avantax Advisory Services Inc. boosted its holdings in Schwab US Dividend Equity ETF by 6.3% in the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after acquiring an additional 1,637,300 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Schwab US Dividend Equity ETF by 0.7% in the first quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock worth $491,196,000 after acquiring an additional 113,330 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8%

Schwab US Dividend Equity ETF stock opened at $26.79 on Friday. The business’s fifty day simple moving average is $27.36 and its two-hundred day simple moving average is $26.70. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The company has a market capitalization of $69.65 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

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.