Cyr Financial Inc. Acquires 154,176 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cyr Financial Inc. raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 297.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 205,951 shares of the company’s stock after purchasing an additional 154,176 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 5.1% of Cyr Financial Inc.’s investment portfolio, making the stock its 8th largest holding. Cyr Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $5,627,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. raised its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. Orgel Wealth Management LLC increased its position in Schwab US Dividend Equity ETF by 159.8% during the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after buying an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after acquiring an additional 3,506,729 shares during the last quarter. LVW Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 203.4% in the 4th quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after purchasing an additional 2,412,003 shares in the last quarter. Finally, Fifth Third Bancorp grew its stake in Schwab US Dividend Equity ETF by 192.7% in the 4th quarter. Fifth Third Bancorp now owns 3,038,718 shares of the company’s stock worth $83,018,000 after acquiring an additional 2,000,527 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.1 %

NYSEARCA SCHD opened at $27.98 on Friday. The company has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. The business’s 50-day moving average price is $28.07 and its 200 day moving average price is $27.94. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72.

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.