Schwab US Dividend Equity ETF $SCHD Holdings Lifted by Versant Capital Management Inc

Versant Capital Management Inc boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 919.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 17,202 shares of the company’s stock after buying an additional 15,515 shares during the period. Versant Capital Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $545,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its stake in Schwab US Dividend Equity ETF by 5.7% in the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock valued at $279,883,000 after buying an additional 552,907 shares during the period. Avantax Planning Partners Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after buying an additional 366,548 shares during the period. Cassaday & Co Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 3.5% during the 1st 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 in the last quarter. Royal Bank of Canada grew its holdings in shares of Schwab US Dividend Equity ETF by 8.3% during the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after acquiring an additional 660,876 shares in the last quarter. Finally, Cibc World Market Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after acquiring an additional 1,694,144 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.6%

NYSEARCA SCHD opened at $33.64 on Thursday. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $34.24. The firm’s fifty day simple moving average is $32.57 and its 200-day simple moving average is $31.56. The company has a market capitalization of $104.51 billion, a PE ratio of 14.57 and a beta of 0.67.

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.