WMS Group LLC Makes New $5.96 Million Investment in Schwab US Dividend Equity ETF $SCHD

WMS Group LLC acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 217,410 shares of the company’s stock, valued at approximately $5,964,000. Schwab US Dividend Equity ETF comprises 7.6% of WMS Group LLC’s portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHD. Elmwood Wealth Management Inc. purchased a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at $1,003,000. Bell Bank increased its stake in Schwab US Dividend Equity ETF by 53.3% in the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after purchasing an additional 36,212 shares during the period. JPMorgan Chase & Co. increased its stake in Schwab US Dividend Equity ETF by 2.1% in the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after purchasing an additional 95,857 shares during the period. Aspire Capital Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after purchasing an additional 30,146 shares during the last quarter. Finally, BIP Wealth LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $1,589,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $31.86 on Friday. The firm has a market capitalization of $90.44 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.92. The firm has a fifty day moving average price of $31.84 and a 200-day moving average price of $30.41.

Key Schwab US Dividend Equity ETF News

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

• Positive Sentiment: SCHD was highlighted as a strategic hedge against a potential AI sell-off, with its focus on financially healthy companies and long dividend histories making it attractive if investors move away from expensive tech. SCHD: A Strategic Hedge Against An AI Sell-Off
• Positive Sentiment: Multiple retirement-income articles promoted dividend ETFs like SCHD as a way to generate steady cash flow without selling shares, reinforcing its appeal to income-focused investors. The 3 Best Dividend ETFs to Build Lasting Retirement Income in 2026
• Positive Sentiment: One article specifically framed SCHD as offering U.S. quality stocks at a more reasonable valuation than the broader market, with a dividend yield well above the S&P 500, which may attract valuation-conscious investors. SCHD: U.S. Quality, Global Valuation
• Neutral Sentiment: Several articles discussed dividend safety and income planning, comparing SCHD with other dividend ETFs and emphasizing its role in balanced portfolios rather than pointing to any fund-specific catalyst. Dividend Safety Check: Domestic vs International Dividend Quality (SCHD, SCHY)
• Negative Sentiment: Bearish commentary argued SCHD could face near-term headwinds from persistently high interest rates and renewed investor preference for AI and other growth stocks, which could limit inflows and keep performance muted. Dumping SCHD
• Negative Sentiment: Another article noted that international dividend ETFs now outyield SCHD by a wide margin, which may cause some income investors to look elsewhere for higher current yield. Three International Dividend ETFs Now Outyield SCHD by Nearly 2 Points in 2026

Schwab US Dividend Equity ETF Company 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.