Islay Capital Management LLC Has $11.03 Million Stake in Schwab US Dividend Equity ETF $SCHD

Islay Capital Management LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 404,160 shares of the company’s stock after buying an additional 28,031 shares during the period. Schwab US Dividend Equity ETF accounts for about 6.3% of Islay Capital Management LLC’s portfolio, making the stock its largest position. Islay Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,034,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Reyes Financial Architecture Inc. boosted its stake in Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after acquiring an additional 1,237 shares in the last quarter. Advisory Alpha LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 0.5% during the 3rd quarter. Advisory Alpha LLC now owns 619,829 shares of the company’s stock valued at $16,946,000 after purchasing an additional 3,355 shares during the last quarter. IFG Advisory LLC boosted its position in shares of Schwab US Dividend Equity ETF by 69.9% in the 3rd quarter. IFG Advisory LLC now owns 228,484 shares of the company’s stock worth $6,238,000 after purchasing an additional 93,993 shares in the last quarter. 10Elms LLP boosted its position in shares of Schwab US Dividend Equity ETF by 1.6% in the 3rd quarter. 10Elms LLP now owns 106,344 shares of the company’s stock worth $2,903,000 after purchasing an additional 1,682 shares in the last quarter. Finally, Mengis Capital Management Inc. grew its stake in Schwab US Dividend Equity ETF by 12.2% during the 3rd quarter. Mengis Capital Management Inc. now owns 110,863 shares of the company’s stock worth $3,027,000 after buying an additional 12,093 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $31.26 on Friday. The business’s 50-day moving average is $29.91 and its 200 day moving average is $28.20. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.95. The firm has a market capitalization of $82.22 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.