Schwab US Dividend Equity ETF $SCHD is DMKC Advisory Services LLC’s 9th Largest Position

DMKC Advisory Services LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 32.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 468,762 shares of the company’s stock after acquiring an additional 114,375 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 2.8% of DMKC Advisory Services LLC’s investment portfolio, making the stock its 9th largest holding. DMKC Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $14,864,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after purchasing an additional 3,170,728 shares during the period. Paradiem LLC acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $56,258,000. Cibc World Market Inc. increased its stake in Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after buying an additional 1,694,144 shares during the period. Keudell Morrison Wealth Management purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth $43,773,000. Finally, Baer Investment Advisory LLC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter worth $46,847,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $33.64 on Thursday. The firm has a 50-day moving average of $32.57 and a two-hundred day moving average of $31.56. The stock has a market cap of $104.51 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $34.24.

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.