Strive Financial Group LLC Buys 51,610 Shares of Schwab US Dividend Equity ETF $SCHD

Strive Financial Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 262.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,254 shares of the company’s stock after acquiring an additional 51,610 shares during the quarter. Schwab US Dividend Equity ETF accounts for 1.0% of Strive Financial Group LLC’s portfolio, making the stock its 23rd largest position. Strive Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Rockefeller Capital Management L.P. increased its holdings in shares of Schwab US Dividend Equity ETF by 18.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock worth $14,369,000 after buying an additional 82,981 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Schwab US Dividend Equity ETF by 351,462.5% in the 4th quarter. BNP Paribas Financial Markets now owns 337,500 shares of the company’s stock worth $9,258,000 after acquiring an additional 337,404 shares in the last quarter. Intrua Financial LLC grew its position in Schwab US Dividend Equity ETF by 34.3% during the 4th quarter. Intrua Financial LLC now owns 248,518 shares of the company’s stock worth $6,817,000 after acquiring an additional 63,516 shares during the last quarter. KLCM Advisors Inc. bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $1,488,000. Finally, MML Investors Services LLC increased its holdings in Schwab US Dividend Equity ETF by 5.8% during the 4th quarter. MML Investors Services LLC now owns 6,298,234 shares of the company’s stock valued at $172,761,000 after purchasing an additional 345,987 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $34.80 on Friday. The stock has a fifty day moving average price of $33.63 and a two-hundred day moving average price of $32.25. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31. The company has a market cap of $108.12 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.