Lexington Hill Partners LLC Takes $1.46 Million Position in Schwab US Dividend Equity ETF $SCHD

Lexington Hill Partners LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 53,099 shares of the company’s stock, valued at approximately $1,457,000. Schwab US Dividend Equity ETF makes up approximately 1.1% of Lexington Hill Partners LLC’s holdings, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. Colorado Capital Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 0.9% during the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after acquiring an additional 362 shares during the last quarter. International Private Wealth Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.3% in the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after purchasing an additional 397 shares during the last quarter. Archer Investment Corp increased its position in shares of Schwab US Dividend Equity ETF by 5.0% in the 4th quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock worth $234,000 after purchasing an additional 404 shares during the last quarter. Semus Wealth Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 0.8% in the 4th quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock valued at $1,398,000 after purchasing an additional 411 shares in the last quarter. Finally, Joel Isaacson & Co. LLC raised its stake in shares of Schwab US Dividend Equity ETF by 1.0% in the 4th quarter. Joel Isaacson & Co. LLC now owns 42,866 shares of the company’s stock valued at $1,176,000 after purchasing an additional 411 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $31.86 on Friday. The stock has a market capitalization of $90.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.92. The company’s 50-day simple moving average is $31.82 and its 200-day simple moving average is $30.40.

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.