Mayflower Financial Advisors LLC Raises Stake in Schwab US Dividend Equity ETF $SCHD

Mayflower Financial Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 472,256 shares of the company’s stock after buying an additional 62,425 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.3% of Mayflower Financial Advisors LLC’s portfolio, making the stock its 10th largest holding. Mayflower Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,892,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Kozak & Associates Inc. raised its holdings in Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after acquiring an additional 938 shares during the period. PrairieView Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares during the last quarter. Financial Management Professionals Inc. grew its position in shares of Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth approximately $39,000. Finally, Independence Bank of Kentucky acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $41,000.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.64 on Friday. The business has a fifty day simple moving average of $27.23 and a 200 day simple moving average of $27.18. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $28.84. The company has a market capitalization of $71.47 billion, a PE ratio of 14.57 and a beta of 0.77.

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.