Citigroup Inc. Acquires 139,527 Shares of Schwab US Dividend Equity ETF $SCHD

Citigroup Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 22.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 748,047 shares of the company’s stock after purchasing an additional 139,527 shares during the period. Citigroup Inc.’s holdings in Schwab US Dividend Equity ETF were worth $20,422,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC boosted its holdings in 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 valued at $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC lifted its position in Schwab US Dividend Equity ETF by 206.9% in the fourth 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 stake in shares of 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 valued at $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after purchasing an additional 155,769 shares during the last quarter. Finally, United Bank grew its holdings in shares of Schwab US Dividend Equity ETF by 5.0% in the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after purchasing an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $31.51 on Friday. The firm has a market capitalization of $82.88 billion, a P/E ratio of 14.57 and a beta of 0.77. The company has a fifty day moving average of $29.51 and a 200 day moving average of $28.05. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.88.

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.