Guild Investment Management Inc. Boosts Stock Position in Schwab US Dividend Equity ETF $SCHD

Guild Investment Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 159,665 shares of the company’s stock after acquiring an additional 16,555 shares during the period. Schwab US Dividend Equity ETF makes up about 3.5% of Guild Investment Management Inc.’s portfolio, making the stock its 11th biggest position. Guild Investment Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,359,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. Rakuten Investment Management Inc. purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at $1,127,144,000. Osaic Holdings Inc. grew its holdings in Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after purchasing an additional 1,217,005 shares during the period. DDD Partners LLC grew its stake in Schwab US Dividend Equity ETF by 3,673.0% in the 2nd quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after acquiring an additional 1,164,306 shares during the period. Envestnet Asset Management Inc. increased its holdings in Schwab US Dividend Equity ETF by 6.0% in the 2nd 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 in the last quarter. Finally, Cerity Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 18.0% in the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after purchasing an additional 1,005,469 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $30.97 on Friday. The business has a 50 day simple moving average of $28.34 and a two-hundred day simple moving average of $27.57. The stock has a market capitalization of $81.46 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.08.

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.