Signaturefd LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Signaturefd LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 33,712 shares of the company’s stock, valued at approximately $1,097,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after acquiring an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.5% in the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after acquiring an additional 324,778 shares during the last quarter. Royal Bank of Canada increased its position in shares of Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after acquiring an additional 660,876 shares during the last quarter. Keystone Financial Planning Inc. raised its holdings in Schwab US Dividend Equity ETF by 0.5% during the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after acquiring an additional 29,169 shares in the last quarter. Finally, Keybank National Association OH raised its holdings in Schwab US Dividend Equity ETF by 7.9% during the first quarter. Keybank National Association OH now owns 3,836,791 shares of the company’s stock worth $117,713,000 after acquiring an additional 280,129 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $35.12 on Wednesday. The stock has a 50 day moving average price of $34.09 and a 200 day moving average price of $32.22. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.45. The stock has a market capitalization of $117.94 billion, a PE ratio of 14.57 and a beta of 0.68.

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.