MAS Advisors LLC Acquires 248 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

MAS Advisors LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,035 shares of the company’s stock after acquiring an additional 248 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 2.4% of MAS Advisors LLC’s investment portfolio, making the stock its 13th largest position. MAS Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,014,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. BNP Paribas Financial Markets acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $354,000. Brown Advisory Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Brown Advisory Inc. now owns 65,073 shares of the company’s stock valued at $4,954,000 after purchasing an additional 327 shares in the last quarter. TrinityPoint Wealth LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 4.8% during the fourth quarter. TrinityPoint Wealth LLC now owns 244,045 shares of the company’s stock worth $18,579,000 after purchasing an additional 11,267 shares during the last quarter. Balentine LLC increased its stake in shares of Schwab US Dividend Equity ETF by 326.4% in the fourth quarter. Balentine LLC now owns 4,895 shares of the company’s stock valued at $373,000 after buying an additional 3,747 shares during the period. Finally, Trexquant Investment LP raised its holdings in Schwab US Dividend Equity ETF by 39.6% in the 4th quarter. Trexquant Investment LP now owns 10,093 shares of the company’s stock valued at $768,000 after buying an additional 2,863 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $84.85 on Friday. The stock has a market cap of $59.52 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm has a 50 day moving average price of $82.09 and a two-hundred day moving average price of $79.58. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $85.24.

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.