Lexington Hill Partners LLC Has $5.73 Million Stake in Schwab US Dividend Equity ETF $SCHD

Lexington Hill Partners LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 180,561 shares of the company’s stock after purchasing an additional 46,658 shares during the quarter. Schwab US Dividend Equity ETF comprises 2.8% of Lexington Hill Partners LLC’s portfolio, making the stock its 8th biggest holding. Lexington Hill Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,726,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Wells Fargo & Company MN boosted its stake in Schwab US Dividend Equity ETF by 5.7% during the fourth quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after buying an additional 552,907 shares during the period. Avantax Planning Partners Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after acquiring an additional 366,548 shares during the period. Cassaday & Co Wealth Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 3.5% in the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after acquiring an additional 324,778 shares during the period. Royal Bank of Canada lifted its holdings in shares of Schwab US Dividend Equity ETF by 8.3% in the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after acquiring an additional 660,876 shares during the last quarter. Finally, Cibc World Market Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after purchasing an additional 1,694,144 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.6%

Shares of NYSEARCA:SCHD opened at $33.90 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $34.24. The company has a market capitalization of $105.32 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The firm’s 50-day moving average is $32.62 and its 200 day moving average is $31.61.

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.