Summit Asset Management LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 442,899 shares of the company’s stock after purchasing an additional 7,675 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 11.4% of Summit Asset Management LLC’s portfolio, making the stock its largest position. Summit Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $23,155,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Winslow Evans & Crocker Inc. increased its position in shares of Schwab US Dividend Equity ETF by 21.8% during the first quarter. Winslow Evans & Crocker Inc. now owns 1,096 shares of the company’s stock worth $58,000 after acquiring an additional 196 shares during the period. Rainey & Randall Investment Management Inc. increased its position in shares of Schwab US Dividend Equity ETF by 3.0% during the first quarter. Rainey & Randall Investment Management Inc. now owns 7,012 shares of the company’s stock worth $367,000 after acquiring an additional 206 shares during the period. SignalPoint Asset Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 7.9% during the fourth quarter. SignalPoint Asset Management LLC now owns 4,538 shares of the company’s stock worth $213,000 after acquiring an additional 331 shares during the period. Harborview Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.6% during the fourth quarter. Harborview Advisors LLC now owns 21,206 shares of the company’s stock worth $996,000 after acquiring an additional 334 shares during the period. Finally, Broadleaf Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.2% during the first quarter. Broadleaf Partners LLC now owns 29,075 shares of the company’s stock worth $1,507,000 after acquiring an additional 344 shares during the period.

Shares of Schwab US Dividend Equity ETF stock traded up $0.36 during trading hours on Thursday, reaching $52.54. 8,408 shares of the company were exchanged, compared to its average volume of 1,021,618. Schwab US Dividend Equity ETF has a 1 year low of $44.03 and a 1 year high of $54.75.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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