Capital Market Strategies LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Market Strategies LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 205.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 53,213 shares of the company’s stock after buying an additional 35,820 shares during the period. Schwab US Dividend Equity ETF makes up about 0.8% of Capital Market Strategies LLC’s portfolio, making the stock its 25th largest position. Capital Market Strategies LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,454,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Natixis Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 21.5% in the 2nd quarter. Natixis Advisors LLC now owns 17,206 shares of the company’s stock worth $1,338,000 after purchasing an additional 3,042 shares in the last quarter. National Bank of Canada FI lifted its stake in shares of Schwab US Dividend Equity ETF by 3.9% during the second quarter. National Bank of Canada FI now owns 42,251 shares of the company’s stock worth $3,267,000 after buying an additional 1,600 shares during the period. North Star Asset Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 17.7% during the second quarter. North Star Asset Management Inc. now owns 7,557 shares of the company’s stock valued at $588,000 after buying an additional 1,134 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of Schwab US Dividend Equity ETF by 5,259.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 3,114,560 shares of the company’s stock valued at $242,188,000 after acquiring an additional 3,056,451 shares during the period. Finally, Fiducient Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 179.6% in the 2nd quarter. Fiducient Advisors LLC now owns 16,412 shares of the company’s stock worth $1,286,000 after acquiring an additional 10,542 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock remained flat at $27.44 during trading hours on Monday. The company’s stock had a trading volume of 11,736,350 shares, compared to its average volume of 13,170,543. The firm’s 50-day moving average price is $28.38 and its 200 day moving average price is $27.72. The firm has a market capitalization of $19.25 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $24.97 and a twelve month high of $29.72.

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.