Schwab US Dividend Equity ETF $SCHD Shares Bought by Coastwise Capital Group LLC

Coastwise Capital Group LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 433,509 shares of the company’s stock after acquiring an additional 21,439 shares during the quarter. Schwab US Dividend Equity ETF accounts for 8.3% of Coastwise Capital Group LLC’s portfolio, making the stock its largest holding. Coastwise Capital Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,835,000 as of its most recent filing with the Securities & Exchange Commission.

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

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.64 on Monday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $28.84. The firm has a market capitalization of $71.47 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The company has a 50 day moving average price of $27.23 and a 200 day moving average price of $27.19.

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.