Schwab US Dividend Equity ETF $SCHD Stock Holdings Lifted by CGC Financial Services LLC

CGC Financial Services LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.9% during the fourth quarter, HoldingsChannel reports. The firm owned 1,624,923 shares of the company’s stock after acquiring an additional 30,202 shares during the period. Schwab US Dividend Equity ETF comprises about 11.9% of CGC Financial Services LLC’s investment portfolio, making the stock its 2nd biggest holding. CGC Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $44,572,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.5% during the 4th quarter. International Assets Investment Management LLC now owns 63,229 shares of the company’s stock worth $1,734,000 after buying an additional 2,155 shares during the last quarter. Diversify Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 0.3% during the 4th quarter. Diversify Wealth Management LLC now owns 210,756 shares of the company’s stock worth $6,032,000 after buying an additional 695 shares during the last quarter. MGO One Seven LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 8.4% during the 4th quarter. MGO One Seven LLC now owns 682,965 shares of the company’s stock worth $18,734,000 after buying an additional 53,168 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 52.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after buying an additional 3,170,728 shares during the last quarter. Finally, CORDA Investment Management LLC. increased its holdings in shares of Schwab US Dividend Equity ETF by 55.2% during the 4th quarter. CORDA Investment Management LLC. now owns 120,547 shares of the company’s stock worth $3,307,000 after buying an additional 42,879 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $31.54 on Friday. The company has a 50 day simple moving average of $30.99 and a 200-day simple moving average of $29.28. The company has a market capitalization of $89.53 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $25.65 and a 1 year high of $32.13.

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.