IRON Financial LLC Boosts Stake in Schwab US Dividend Equity ETF $SCHD

IRON Financial LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 51.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 93,678 shares of the company’s stock after buying an additional 32,023 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.2% of IRON Financial LLC’s investment portfolio, making the stock its 19th biggest holding. IRON Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,557,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Lederer & Associates Investment Counsel CA lifted its position in Schwab US Dividend Equity ETF by 1.5% during the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock worth $667,000 after acquiring an additional 375 shares during the period. Ellis Investment Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after purchasing an additional 375 shares during the last quarter. Madden Advisory Services Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 0.3% during the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after purchasing an additional 383 shares during the period. Harbor Group Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.8% during the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after purchasing an additional 383 shares during the period. Finally, Bellevue Asset Management LLC boosted its position in Schwab US Dividend Equity ETF by 1.2% in the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after buying an additional 389 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.5%

SCHD opened at $28.55 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $28.84. The firm has a 50 day moving average of $27.41 and a two-hundred day moving average of $27.26. The firm has a market capitalization of $74.67 billion, a PE ratio of 14.57 and a beta of 0.77.

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.