Capital Square LLC Buys Shares of 52,540 Schwab US Dividend Equity ETF $SCHD

Capital Square LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 52,540 shares of the company’s stock, valued at approximately $1,702,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. MeadowBrook Investment Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 3.3% in the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after purchasing an additional 325 shares in the last quarter. Semus Wealth Partners LLC increased its position in Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after purchasing an additional 347 shares during the period. Harmony Asset Management LLC increased its position in Schwab US Dividend Equity ETF by 3.8% during the 1st quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after purchasing an additional 354 shares during the period. Commonwealth Financial Services LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 1.8% in the 1st quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock valued at $639,000 after purchasing an additional 374 shares in the last quarter. Finally, First Pacific Financial raised its holdings in shares of Schwab US Dividend Equity ETF by 8.9% in the 1st quarter. First Pacific Financial now owns 4,681 shares of the company’s stock valued at $144,000 after purchasing an additional 383 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $35.11 on Monday. The company has a 50 day moving average price of $33.05 and a 200-day moving average price of $31.99. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31. The stock has a market capitalization of $109.08 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.