Diametric Capital LP Purchases Shares of 55,857 Schwab US Dividend Equity ETF $SCHD

Diametric Capital LP acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 55,857 shares of the company’s stock, valued at approximately $1,480,000.

Other hedge funds also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC acquired a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at about $1,031,129,000. Avantax Advisory Services Inc. lifted its position in Schwab US Dividend Equity ETF by 2.9% during the second quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock worth $753,579,000 after acquiring an additional 796,001 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after acquiring an additional 1,083,206 shares during the period. Ameriprise Financial Inc. grew its position in shares of Schwab US Dividend Equity ETF by 0.7% in the first quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock valued at $491,196,000 after purchasing an additional 113,330 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Schwab US Dividend Equity ETF by 3.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 12,067,607 shares of the company’s stock worth $330,049,000 after purchasing an additional 412,988 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.75 on Friday. The business has a fifty day simple moving average of $27.05 and a 200 day simple moving average of $27.03. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.05. The company has a market capitalization of $71.76 billion, a PE ratio of 14.57 and a beta of 0.77.

Schwab US Dividend Equity ETF 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.