Cullen Frost Bankers Inc. Has $105.68 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Cullen Frost Bankers Inc. cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% during the second quarter, HoldingsChannel reports. The fund owned 3,987,951 shares of the company’s stock after selling 102,786 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.3% of Cullen Frost Bankers Inc.’s holdings, making the stock its 18th biggest position. Cullen Frost Bankers Inc.’s holdings in Schwab US Dividend Equity ETF were worth $105,681,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Kozak & Associates Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after acquiring an additional 938 shares during the last quarter. Financial Management Professionals Inc. increased its position in Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares during the last quarter. PrairieView Partners LLC increased its position in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares during the last quarter. Cooksen Wealth LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth $38,000. Finally, Optimum Investment Advisors increased its position in Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after buying an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.07 on Wednesday. The company has a market capitalization of $70.32 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The company’s fifty day moving average price is $27.36 and its two-hundred day moving average price is $26.71.

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.