Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Holdings Lifted by Smith Salley Wealth Management

Smith Salley Wealth Management raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 6.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,732 shares of the company’s stock after purchasing an additional 168 shares during the quarter. Smith Salley Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $212,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SCHD. Traynor Capital Management Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 53.6% during the first quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock valued at $495,000 after purchasing an additional 2,142 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 332.8% in the first quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock valued at $1,532,000 after acquiring an additional 14,614 shares in the last quarter. Tidal Investments LLC bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $310,000. Apexium Financial LP raised its holdings in Schwab US Dividend Equity ETF by 27.0% during the fourth quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock worth $21,856,000 after purchasing an additional 60,972 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its holdings in Schwab US Dividend Equity ETF by 576.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 11,859 shares of the company’s stock worth $956,000 after purchasing an additional 10,106 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock traded up $0.67 during mid-day trading on Friday, hitting $84.53. 2,471,020 shares of the stock traded hands, compared to its average volume of 3,212,576. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $84.57. The company’s 50-day simple moving average is $80.47 and its 200-day simple moving average is $78.98. The firm has a market cap of $59.30 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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