Cambridge Financial Group LLC Has $3.50 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Cambridge Financial Group LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,168 shares of the company’s stock after purchasing an additional 22,118 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.1% of Cambridge Financial Group LLC’s investment portfolio, making the stock its 22nd biggest position. Cambridge Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,499,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth about $1,031,129,000. RMG Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at approximately $132,621,000. Osaic Holdings Inc. lifted its holdings in Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after purchasing an additional 1,217,005 shares during the last quarter. DDD Partners LLC boosted its position in Schwab US Dividend Equity ETF by 3,673.0% during the second quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock worth $31,694,000 after purchasing an additional 1,164,306 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after purchasing an additional 1,083,206 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.3%

NYSEARCA:SCHD opened at $27.76 on Tuesday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $28.84. The firm has a market cap of $71.78 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The company’s 50 day moving average is $27.10 and its 200-day moving average is $27.12.

Schwab US Dividend Equity ETF 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.