Schwab US Dividend Equity ETF $SCHD Stake Boosted by Ieq Capital LLC

Ieq Capital LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 214.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 224,357 shares of the company’s stock after acquiring an additional 152,985 shares during the period. Ieq Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,273,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Barclays PLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $74,000. Safeguard Investment Advisory Group LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 2,627.7% in the 4th quarter. Safeguard Investment Advisory Group LLC now owns 83,930 shares of the company’s stock valued at $2,293,000 after purchasing an additional 80,853 shares during the last quarter. Principal Financial Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $384,000. Allspring Global Investments Holdings LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 343.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock valued at $339,000 after purchasing an additional 9,382 shares during the last quarter. Finally, Copley Financial Group Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 308.2% in the 4th quarter. Copley Financial Group Inc. now owns 13,687 shares of the company’s stock valued at $374,000 after purchasing an additional 10,334 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2%

SCHD stock opened at $27.82 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The company has a fifty day simple moving average of $27.11 and a 200 day simple moving average of $26.87. The firm has a market cap of $72.56 billion, a PE ratio of 14.57 and a beta of 0.88.

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.