Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Caprock Group LLC

Caprock Group LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3,073.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 83,963 shares of the company’s stock after acquiring an additional 81,317 shares during the period. Caprock Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,601,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division purchased a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $25,000. CarsonAllaria Wealth Management Ltd. purchased a new position in Schwab US Dividend Equity ETF in the first quarter valued at $26,000. Iron Horse Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the second quarter worth about $26,000. PFG Private Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth about $27,000. Finally, Olistico Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $28,000.

Schwab US Dividend Equity ETF Trading Down 0.9 %

NYSEARCA SCHD opened at $82.00 on Friday. The stock has a market capitalization of $57.52 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock has a 50-day moving average of $81.00 and a 200 day moving average of $79.22. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $84.57.

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.