Strategy Asset Managers LLC Has $276,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Strategy Asset Managers LLC boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 157.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,095 shares of the company’s stock after buying an additional 6,174 shares during the quarter. Strategy Asset Managers LLC’s holdings in Schwab US Dividend Equity ETF were worth $276,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $34,000. Hobbs Group Advisors LLC acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $68,000. Central Pacific Bank Trust Division boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $26,000. Finally, PFG Private Wealth Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after buying an additional 686 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.58 on Friday. The company’s 50 day simple moving average is $27.97 and its 200 day simple moving average is $28.13. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The firm has a market capitalization of $69.50 billion, a P/E ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be given a $0.2488 dividend. The ex-dividend date is Wednesday, March 26th.

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.