Baird Financial Group Inc. Purchases 242,479 Shares of Schwab US Dividend Equity ETF $SCHD

Baird Financial Group Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,630,952 shares of the company’s stock after purchasing an additional 242,479 shares during the period. Baird Financial Group Inc. owned 0.18% of Schwab US Dividend Equity ETF worth $122,720,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC boosted its position in Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the period. Federated Hermes Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 1.9% in the first quarter. Federated Hermes Inc. now owns 23,269 shares of the company’s stock valued at $651,000 after purchasing an additional 424 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of Schwab US Dividend Equity ETF by 9.5% in the first quarter. US Bancorp DE now owns 157,964 shares of the company’s stock valued at $4,417,000 after purchasing an additional 13,677 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.80 on Thursday. The stock has a market cap of $71.89 billion, a PE ratio of 14.57 and a beta of 0.77. The firm has a 50-day moving average of $27.04 and a 200-day moving average of $27.03. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.19.

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.