Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Midwest Financial Group LLC’s 2nd Largest Position

Midwest Financial Group LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 389,900 shares of the company’s stock after purchasing an additional 260,952 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 6.1% of Midwest Financial Group LLC’s holdings, making the stock its 2nd biggest position. Midwest Financial Group LLC owned about 0.06% of Schwab US Dividend Equity ETF worth $10,652,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. Colorado Capital Management Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after buying an additional 121 shares in the last quarter. Brick & Kyle Associates lifted its position in shares of Schwab US Dividend Equity ETF by 2.9% in the second quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after acquiring an additional 130 shares in the last quarter. Ascent Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 1.2% in the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after acquiring an additional 145 shares during the period. Sunflower Bank N.A. grew its position in shares of Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after purchasing an additional 185 shares in the last quarter. Finally, Sound Income Strategies LLC raised its stake in Schwab US Dividend Equity ETF by 12.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after purchasing an additional 191 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $28.02 on Friday. The company has a market capitalization of $19.65 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s fifty day moving average price is $28.13 and its 200-day moving average price is $27.87. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72.

Schwab US Dividend Equity ETF Company Profile

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.