Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Raised by Brighton Jones LLC

Brighton Jones LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 404.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,089 shares of the company’s stock after purchasing an additional 84,262 shares during the period. Brighton Jones LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,871,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Colorado Capital Management Inc. increased its position in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after buying an additional 121 shares during the last quarter. Brick & Kyle Associates raised its stake in Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after purchasing an additional 130 shares during the last quarter. Ascent Group LLC grew its position in Schwab US Dividend Equity ETF by 1.2% during the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after buying an additional 145 shares in the last quarter. Sunflower Bank N.A. raised its stake in shares of Schwab US Dividend Equity ETF by 4.2% in the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock valued at $384,000 after purchasing an additional 185 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 12.5% during the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after acquiring an additional 191 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.6 %

Shares of SCHD opened at $28.09 on Friday. The stock has a 50 day simple moving average of $28.13 and a 200-day simple moving average of $27.87. The stock has a market cap of $19.71 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72.

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.