Verum Partners LLC Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Verum Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 65,762 shares of the company’s stock after purchasing an additional 43,646 shares during the quarter. Verum Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,797,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC increased its holdings in Schwab US Dividend Equity ETF by 6.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,593 shares of the company’s stock valued at $513,000 after buying an additional 392 shares during the last quarter. DRW Securities LLC bought a new stake in Schwab US Dividend Equity ETF during the second quarter valued at $263,000. Wulff Hansen & CO. increased its stake in Schwab US Dividend Equity ETF by 9.4% during the second quarter. Wulff Hansen & CO. now owns 18,717 shares of the company’s stock valued at $1,455,000 after purchasing an additional 1,605 shares during the last quarter. Insigneo Advisory Services LLC increased its stake in Schwab US Dividend Equity ETF by 27.6% during the second quarter. Insigneo Advisory Services LLC now owns 36,531 shares of the company’s stock valued at $2,885,000 after purchasing an additional 7,909 shares during the last quarter. Finally, Squarepoint Ops LLC grew its position in shares of Schwab US Dividend Equity ETF by 16.7% during the 2nd quarter. Squarepoint Ops LLC now owns 51,222 shares of the company’s stock valued at $3,983,000 after buying an additional 7,342 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.8 %

Shares of NYSEARCA:SCHD opened at $28.22 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The firm has a 50-day simple moving average of $28.16 and a 200 day simple moving average of $27.85. The company has a market cap of $19.80 billion, a PE ratio of 15.04 and a beta of 0.74.

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.