Tudor Financial Inc. Raises Holdings in Schwab US Dividend Equity ETF $SCHD

Tudor Financial Inc. lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5,929.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 264,504 shares of the company’s stock after acquiring an additional 260,117 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 3.8% of Tudor Financial Inc.’s holdings, making the stock its 5th biggest holding. Tudor Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $8,387,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHD. Merrithew & Thorsten Inc purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $25,000. Byrne Asset Management LLC purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $26,000. DiNuzzo Private Wealth Inc. bought a new stake in Schwab US Dividend Equity ETF during the 2nd quarter valued at $27,000. Dynamic Wealth Strategies LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $29,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth $32,000.

Schwab US Dividend Equity ETF Trading Up 0.2%

SCHD opened at $35.08 on Friday. The company has a market capitalization of $108.99 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31. The business’s fifty day simple moving average is $33.58 and its 200-day simple moving average is $32.23.

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.