Capital Market Strategies LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Market Strategies LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.9% in the 4th quarter, HoldingsChannel reports. The firm owned 53,213 shares of the company’s stock after acquiring an additional 35,820 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 0.8% of Capital Market Strategies LLC’s holdings, making the stock its 25th largest holding. Capital Market Strategies LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares in the last quarter. Synovus Financial Corp increased its holdings in Schwab US Dividend Equity ETF by 148.1% in the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after buying an additional 25,380 shares in the last quarter. Anchor Investment Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after acquiring an additional 428 shares during the period. World Investment Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 6.8% in the third quarter. World Investment Advisors LLC now owns 72,187 shares of the company’s stock worth $6,035,000 after acquiring an additional 4,580 shares during the period. Finally, Brass Tax Wealth Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 13.2% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 31,096 shares of the company’s stock valued at $2,629,000 after acquiring an additional 3,621 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock remained flat at $27.44 on Monday. The company had a trading volume of 11,736,350 shares, compared to its average volume of 13,170,543. The firm has a market cap of $19.25 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s 50-day moving average is $28.38 and its two-hundred day moving average is $27.72. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 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.