A number of hedge funds and institutional investors recently adjusted their stakes in the company. Pathway Financial Advisers LLC raised its position in Schwab US Dividend Equity ETF by 3.6% during the 2nd quarter, owning 48,942 shares valued at $3,793,000. Next Capital Management LLC increased its stake by 5.9% to 5,356 shares valued at $416,000. EP Wealth Advisors LLC raised its holdings by 12.0% to 60,935 shares worth $4,738,000. Regal Investment Advisors LLC also lifted its stake by 2.0% to 235,706 shares valued at $18,328,000. Sunbelt Securities Inc. boosted its holdings by 6.8% to 117,507 shares valued at $9,137,000.
Schwab US Dividend Equity ETF Trading Down 0.1 %
Shares of NYSEARCA SCHD opened at $84.48 on Wednesday, with a 50-day moving average of $82.55 and a 200-day moving average of $79.87. The ETF has a 12-month low of $66.67 and a high of $85.24, with a market capitalization of $59.26 billion, PE ratio of 15.04, and beta of 0.74.
About Schwab US Dividend Equity ETF
The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund based on the Dow Jones U.S. Dividend 100 index, managed by Schwab and launched on Oct 20, 2011.
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