Oxbow Advisors LLC Boosts Stake in Schwab US Dividend Equity ETF $SCHD

Oxbow Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 88.3% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,400 shares of the company’s stock after acquiring an additional 18,945 shares during the quarter. Oxbow Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,239,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Burford Brothers Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $297,000. Apeiron RIA LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth about $631,000. Appalachian Capital Management Ltd increased its position in shares of Schwab US Dividend Equity ETF by 4.1% in the first quarter. Appalachian Capital Management Ltd now owns 311,623 shares of the company’s stock worth $9,561,000 after purchasing an additional 12,245 shares during the last quarter. Integrity Wealth Partners LLC bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth approximately $669,000. Finally, HB Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 4.0% in the first quarter. HB Wealth Management LLC now owns 1,643,156 shares of the company’s stock worth $50,412,000 after purchasing an additional 63,788 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $32.39 on Friday. The firm’s 50 day simple moving average is $32.06 and its 200 day simple moving average is $30.72. The company has a market capitalization of $97.46 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1-year low of $26.21 and a 1-year high of $32.92.

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.