IRON Financial LLC Boosts Stake in Schwab US Dividend Equity ETF $SCHD

IRON Financial LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 54.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 144,304 shares of the company’s stock after acquiring an additional 50,626 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.8% of IRON Financial LLC’s investment portfolio, making the stock its 13th largest holding. IRON Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,958,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. First Command Advisory Services Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 7.6% during the third quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock valued at $30,222,000 after purchasing an additional 77,785 shares in the last quarter. BG Investment Services Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 82.8% during the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock valued at $1,695,000 after purchasing an additional 28,109 shares during the last quarter. DMKC Advisory Services LLC boosted its position in shares of Schwab US Dividend Equity ETF by 10.6% in the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after purchasing an additional 20,989 shares in the last quarter. Insight Inv LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $682,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Schwab US Dividend Equity ETF by 2.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after buying an additional 95,857 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.3%

SCHD stock opened at $30.94 on Friday. The business has a 50 day moving average of $31.01 and a 200 day moving average of $28.74. The firm has a market cap of $85.67 billion, a PE ratio of 14.57 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $24.31 and a twelve month high of $31.95.

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.