Mercer Global Advisors Inc. ADV lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 7.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 286,320 shares of the company’s stock after acquiring an additional 19,876 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Schwab US Dividend Equity ETF were worth $22,264,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth about $25,000. Financial Gravity Asset Management Inc. acquired a new stake in Schwab US Dividend Equity ETF during the second quarter worth approximately $25,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in Schwab US Dividend Equity ETF in the 1st quarter worth approximately $26,000. Iron Horse Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at $26,000. Finally, PFG Private Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth $27,000.
Schwab US Dividend Equity ETF Stock Up 0.0 %
SCHD stock opened at $84.11 on Thursday. The stock has a market capitalization of $59.00 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $85.15. The stock’s fifty day simple moving average is $81.97 and its 200-day simple moving average is $79.54.
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.
See Also
- Five stocks we like better than Schwab US Dividend Equity ETF
- 3 Stocks to Consider Buying in October
- How Much Can You Make in Stocks in One Month?
- Want to Profit on the Downtrend? Downtrends, Explained.
- This Is the Top Large-Cap Stock Insiders Are Buying
- Investing in the High PE Growth Stocks
- Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
