Parallel Advisors LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 4.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 464,630 shares of the company’s stock after acquiring an additional 18,516 shares during the quarter. Parallel Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $15,114,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of the business. Rakuten Investment Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 7.5% in the 3rd quarter. Rakuten Investment Management Inc. now owns 50,684,634 shares of the company’s stock valued at $1,664,990,000 after purchasing an additional 3,545,800 shares during the period. Envestnet Asset Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after buying an additional 354,983 shares during the period. Commonwealth Equity Services LLC acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $337,510,000. Cassaday & Co Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 3.5% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after buying an additional 324,778 shares during the period. Finally, Royal Bank of Canada lifted its stake in Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after buying an additional 660,876 shares in the last quarter.
Schwab US Dividend Equity ETF News Summary
Here are the key news stories impacting Schwab US Dividend Equity ETF this week:
- Positive Sentiment: As AI stocks sell off, investors are reportedly rotating toward dividend ETFs, including SCHD, for diversified income. This trend could support demand for the fund; the article also notes JEPI and VRP as alternatives. Article: 3 Dividend ETFs Offer Different Ways to Navigate the Post-Election Sell-Off
- Positive Sentiment: A review of a 50/50 SCHD–SCHG portfolio says the pairing has delivered competitive returns with a higher starting yield, lower beta, comparable diversification and favorable fundamental characteristics—reinforcing SCHD’s appeal as an income-oriented holding. Article: SCHD And SCHG: 3 Years Later, This Two-ETF Combination Still Makes Sense
- Positive Sentiment: A retirement-focused comparison favors SCHD among three dividend ETFs, highlighting the importance of screening for financially sound dividend payers rather than chasing yield alone. That framing supports SCHD’s quality-and-income positioning. Article: Why Schwab’s SCHD Tops These 3 Dividend ETFs for Retirees Right Now
- Neutral Sentiment: Recent coverage reported SCHD reached a 52-week high, about 37% above its 52-week low, amid interest in defensive dividend stocks. This signals strong recent momentum, but does not establish whether further gains will follow. Article: Dividend Equity ETF (SCHD) Touches New 52-Week High
- Negative Sentiment: A comparison with Vanguard’s VIG argues that VIG’s larger technology weighting could make it a better choice for long-term total returns. That view may temper enthusiasm among investors prioritizing growth over SCHD’s dividend focus. Article: VIG vs. SCHD: Which Dividend ETF Will Make You Richer?
Schwab US Dividend Equity ETF Price Performance
SCHD traded down $0.25 during trading on Friday, reaching $35.17. The company had a trading volume of 28,425,670 shares, compared to its average volume of 22,656,920. The company has a market cap of $119.41 billion, a P/E ratio of 19.09 and a beta of 0.66. Schwab US Dividend Equity ETF has a 12 month low of $26.49 and a 12 month high of $36.38. The business’s fifty day moving average price is $34.19 and its 200 day moving average price is $32.49.
Schwab US Dividend Equity ETF Company 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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