Titleist Asset Management LLC Has $7.08 Million Stake in Schwab US Dividend Equity ETF $SCHD

Titleist Asset Management LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.0% during the third quarter, HoldingsChannel.com reports. The fund owned 259,309 shares of the company’s stock after buying an additional 39,590 shares during the quarter. Titleist Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,079,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SCHD. Rakuten Investment Management Inc. acquired a new stake in Schwab US Dividend Equity ETF during the third quarter worth approximately $1,127,144,000. Osaic Holdings Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after buying an additional 1,217,005 shares in the last quarter. DDD Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 3,673.0% during the 2nd quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock worth $31,694,000 after buying an additional 1,164,306 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of 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 valued at $509,221,000 after acquiring an additional 1,083,206 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 18.0% in the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after acquiring an additional 1,005,469 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.7%

Shares of NYSEARCA SCHD opened at $31.01 on Thursday. The firm has a market cap of $81.56 billion, a PE 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. The company’s fifty day simple moving average is $28.27 and its 200 day simple moving average is $27.55.

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.