Simon Quick Advisors LLC Has $3.56 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Simon Quick Advisors LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 130,320 shares of the company’s stock after acquiring an additional 87,575 shares during the quarter. Simon Quick Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,560,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SCHD. Sheets Smith Wealth Management lifted its stake in Schwab US Dividend Equity ETF by 199.6% in the 4th quarter. Sheets Smith Wealth Management now owns 332,771 shares of the company’s stock valued at $9,091,000 after purchasing an additional 221,710 shares during the last quarter. Beaumont Financial Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 189.7% in the 4th quarter. Beaumont Financial Advisors LLC now owns 33,986 shares of the company’s stock valued at $928,000 after acquiring an additional 22,254 shares during the last quarter. MCF Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 340.3% during the 4th quarter. MCF Advisors LLC now owns 3,311 shares of the company’s stock valued at $90,000 after acquiring an additional 2,559 shares in the last quarter. Olympus Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 184.0% during the 4th quarter. Olympus Wealth Management LLC now owns 1,058,927 shares of the company’s stock worth $28,930,000 after acquiring an additional 686,065 shares during the last quarter. Finally, Verum Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 197.4% in the 4th quarter. Verum Partners LLC now owns 65,762 shares of the company’s stock worth $1,797,000 after purchasing an additional 43,646 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8 %

Schwab US Dividend Equity ETF stock opened at $28.22 on Wednesday. The company has a market capitalization of $19.80 billion, a PE ratio of 15.04 and a beta of 0.74. The stock has a 50-day moving average price of $28.16 and a two-hundred day moving average price of $27.85. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72.

Schwab US Dividend Equity ETF Company 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.