Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Cary Street Partners Asset Management LLC

Cary Street Partners Asset Management LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 63.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,468 shares of the company’s stock after buying an additional 4,076 shares during the period. Cary Street Partners Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $760,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. O Shaughnessy Asset Management LLC boosted its stake in Schwab US Dividend Equity ETF by 115.2% in the first quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. NewSquare Capital LLC boosted its stake in Schwab US Dividend Equity ETF by 4,672.7% in the second quarter. NewSquare Capital LLC now owns 525 shares of the company’s stock valued at $38,000 after acquiring an additional 514 shares in the last quarter. Founders Capital Management acquired a new position in Schwab US Dividend Equity ETF in the second quarter valued at $44,000. First Command Bank purchased a new stake in Schwab US Dividend Equity ETF in the second quarter valued at approximately $46,000. Finally, Spotlight Asset Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $51,000.

Schwab US Dividend Equity ETF Trading Up 0.5 %

SCHD stock traded up $0.37 on Friday, hitting $71.14. The company’s stock had a trading volume of 2,927,109 shares, compared to its average volume of 3,233,439. The stock has a market cap of $46.82 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88. The firm has a 50 day moving average of $70.50 and a two-hundred day moving average of $71.88. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $79.49.

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.