Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 61.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 481,950 shares of the company’s stock after acquiring an additional 183,950 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $14,786,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of SCHD. Mountain Hill Investment Partners Corp. grew its stake in shares of Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $25,000. Field & Main Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $29,000. Dynamic Wealth Strategies LLC acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at $29,000. Finally, Triumph Capital Management purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at about $33,000.
Schwab US Dividend Equity ETF Trading Down 1.1%
SCHD stock opened at $32.20 on Wednesday. The company has a market cap of $97.99 billion, a PE ratio of 14.57 and a beta of 0.68. The stock has a 50-day moving average price of $32.19 and a two-hundred day moving average price of $30.97. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $32.92.
About Schwab US Dividend Equity ETF
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 Stories
- Five stocks we like better than Schwab US Dividend Equity ETF
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
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.
