Synergy Investment Management LLC Raises Stake in Schwab US Dividend Equity ETF $SCHD

Synergy Investment Management LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 28.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 534,058 shares of the company’s stock after acquiring an additional 117,886 shares during the quarter. Schwab US Dividend Equity ETF makes up 8.5% of Synergy Investment Management LLC’s investment portfolio, making the stock its 3rd largest position. Synergy Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $14,153,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC grew its stake in Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC grew its stake in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Principal Financial Group Inc. bought a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $384,000. Finally, Peregrine Asset Advisers Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 389.3% during the first quarter. Peregrine Asset Advisers Inc. now owns 47,797 shares of the company’s stock worth $1,336,000 after acquiring an additional 38,029 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.00 on Tuesday. The firm has a market capitalization of $69.82 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The business has a fifty day moving average price of $27.07 and a 200-day moving average price of $26.93.

Schwab US Dividend Equity ETF 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.