Elevation Capital Advisory LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 2.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 51,639 shares of the company’s stock after buying an additional 1,189 shares during the quarter. Elevation Capital Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,368,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. MOKAN Wealth Management Inc. boosted its position in Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after purchasing an additional 6,985 shares in the last quarter. Principal Financial Group Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth approximately $384,000. Allspring Global Investments Holdings LLC raised its stake in shares of Schwab US Dividend Equity ETF by 343.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock worth $339,000 after buying an additional 9,382 shares during the period. Elevate Wealth Advisory Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 7.4% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after buying an additional 3,915 shares during the period. Finally, Schaeffer Financial LLC raised its stake in shares of Schwab US Dividend Equity ETF by 3.7% during the 1st quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock worth $19,260,000 after buying an additional 24,751 shares during the period.
Schwab US Dividend Equity ETF Price Performance
Shares of SCHD stock opened at $26.79 on Monday. The company has a market cap of $69.65 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The stock has a 50 day simple moving average of $27.36 and a 200-day simple moving average of $26.69. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.
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.
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