Oppenheimer & Co. Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 599,451 shares of the company’s stock, valued at approximately $19,500,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cahill Financial Advisors Inc. boosted its holdings in Schwab US Dividend Equity ETF by 6.2% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock worth $12,035,000 after buying an additional 22,218 shares during the last quarter. Dominguez Wealth Management Solutions Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 434.1% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock worth $6,805,000 after buying an additional 170,021 shares in the last quarter. Bangor Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $2,480,000. HB Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 8.4% in the second quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock worth $56,462,000 after buying an additional 137,402 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 15.0% during the second quarter. Concurrent Investment Advisors LLC now owns 400,330 shares of the company’s stock worth $12,694,000 after acquiring an additional 52,223 shares during the last quarter.
Schwab US Dividend Equity ETF Trading Up 0.1%
SCHD opened at $35.30 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.45. The firm has a market capitalization of $118.54 billion, a PE ratio of 14.57 and a beta of 0.68. The firm’s 50-day moving average price is $34.06 and its 200 day moving average price is $32.14.
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.
Featured Articles
- Five stocks we like better than Schwab US Dividend Equity ETF
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
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:SCHD – Free Report).
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.
