Schwab US Dividend Equity ETF $SCHD is Dagco Inc.’s 7th Largest Position

Dagco Inc. trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 698,976 shares of the company’s stock after selling 33,915 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 4.8% of Dagco Inc.’s investment portfolio, making the stock its 7th largest position. Dagco Inc.’s holdings in Schwab US Dividend Equity ETF were worth $19,082,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Kozak & Associates Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares in the last quarter. PrairieView Partners LLC grew its stake in Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after acquiring an additional 467 shares in the last quarter. Financial Management Professionals Inc. grew its stake in Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in Schwab US Dividend Equity ETF in the 2nd quarter valued at about $39,000. Finally, Independence Bank of Kentucky acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $41,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.62 on Wednesday. The stock has a market cap of $74.85 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock’s 50 day simple moving average is $27.50 and its 200-day simple moving average is $27.30. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $28.84.

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.