Schwab US Dividend Equity ETF $SCHD Stock Holdings Boosted by Cape Investment Advisory Inc.

Cape Investment Advisory Inc. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 166,047 shares of the company’s stock after acquiring an additional 4,391 shares during the quarter. Schwab US Dividend Equity ETF makes up 1.8% of Cape Investment Advisory Inc.’s investment portfolio, making the stock its 8th largest position. Cape Investment Advisory Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,643,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after purchasing an additional 2,470,706 shares in the last quarter. Wealthspire Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 95.2% during the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after purchasing an additional 14,410,724 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 6.3% during the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after purchasing an additional 1,637,300 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock valued at $491,196,000 after purchasing an additional 113,330 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 2.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 13,496,416 shares of the company’s stock valued at $377,360,000 after purchasing an additional 365,856 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of SCHD opened at $27.64 on Friday. The firm’s 50-day moving average price is $27.26 and its 200-day moving average price is $26.86. The firm has a market capitalization of $72.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

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.