Transcend Capital Advisors LLC Has $1.28 Million Stake in Schwab US Dividend Equity ETF $SCHD

Transcend Capital Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,231 shares of the company’s stock after acquiring an additional 2,953 shares during the period. Transcend Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,278,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. Brighton Jones LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares during the period. Bison Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after acquiring an additional 309,400 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 343.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock worth $339,000 after acquiring an additional 9,382 shares during the period. Finally, Golden State Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 10.1% in the first quarter. Golden State Wealth Management LLC now owns 17,275 shares of the company’s stock valued at $483,000 after purchasing an additional 1,586 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.3%

Schwab US Dividend Equity ETF stock opened at $27.12 on Tuesday. The company has a market cap of $70.25 billion, a P/E ratio of 14.57 and a beta of 0.77. 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 $27.34 and a 200 day simple moving average of $26.78.

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.