MAS Advisors LLC Has $1.52 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

MAS Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 326.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 55,645 shares of the company’s stock after purchasing an additional 42,609 shares during the period. Schwab US Dividend Equity ETF makes up approximately 2.5% of MAS Advisors LLC’s portfolio, making the stock its 12th biggest holding. MAS Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,520,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. AQR Capital Management LLC bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter valued at $879,000. GAMMA Investing LLC increased its stake in Schwab US Dividend Equity ETF by 56.8% in the 3rd quarter. GAMMA Investing LLC now owns 3,251 shares of the company’s stock valued at $275,000 after buying an additional 1,178 shares during the last quarter. Alpha Financial Partners LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $1,283,000. Diversified Trust Co boosted its stake in shares of Schwab US Dividend Equity ETF by 15.7% in the 3rd quarter. Diversified Trust Co now owns 18,359 shares of the company’s stock worth $1,552,000 after buying an additional 2,489 shares during the last quarter. Finally, Kure Advisory LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.9% during the third quarter. Kure Advisory LLC now owns 76,329 shares of the company’s stock valued at $6,452,000 after acquiring an additional 2,843 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.76 on Wednesday. The company has a market capitalization of $19.47 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The company has a 50-day simple moving average of $27.98 and a 200 day simple moving average of $27.97.

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.