Schwab US Dividend Equity ETF $SCHD Shares Bought by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% during the third quarter, HoldingsChannel.com reports. The fund owned 1,228,111 shares of the company’s stock after purchasing an additional 53,862 shares during the period. Schwab US Dividend Equity ETF makes up 3.5% of Lodestar Private Asset Management LLC’s holdings, making the stock its 5th largest position. Lodestar Private Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $33,527,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. Lederer & Associates Investment Counsel CA grew its holdings in Schwab US Dividend Equity ETF by 1.5% during the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after purchasing an additional 375 shares during the last quarter. Ellis Investment Partners LLC grew its stake in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after buying an additional 375 shares during the last quarter. Madden Advisory Services Inc. raised its holdings in Schwab US Dividend Equity ETF by 0.3% in the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after acquiring an additional 383 shares during the period. Harbor Group Inc. raised its holdings in Schwab US Dividend Equity ETF by 4.8% in the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after acquiring an additional 383 shares during the period. Finally, Bellevue Asset Management LLC lifted its position in Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after acquiring an additional 389 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $28.90 on Friday. The stock’s 50-day moving average is $27.64 and its 200-day moving average is $27.34. The company has a market cap of $75.63 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.11.

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.