Schwab US Dividend Equity ETF $SCHD Shares Bought by Versant Capital Management Inc

Versant Capital Management Inc lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 919.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,202 shares of the company’s stock after acquiring an additional 15,515 shares during the quarter. Versant Capital Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $545,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SCHD. Mountain Hill Investment Partners Corp. boosted its position in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the period. Merrithew & Thorsten Inc purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter worth about $25,000. Field & Main Bank acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $29,000. Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $29,000. Finally, Ashton Thomas Securities LLC purchased a new stake in Schwab US Dividend Equity ETF during the first quarter valued at about $32,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $33.64 on Thursday. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $34.24. The company has a 50-day moving average of $32.57 and a two-hundred day moving average of $31.56. The stock has a market cap of $104.51 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.