Schwab US Dividend Equity ETF $SCHD Shares Acquired by Coastwise Capital Group LLC

Coastwise Capital Group LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 451,277 shares of the company’s stock after buying an additional 17,768 shares during the quarter. Schwab US Dividend Equity ETF comprises about 6.2% of Coastwise Capital Group LLC’s investment portfolio, making the stock its 2nd biggest position. Coastwise Capital Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,379,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Sumitomo Life Insurance Co. acquired a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $847,665,000. Cassaday & Co Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 52.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after purchasing an additional 3,170,728 shares in the last quarter. Cibc World Market Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 31.8% in the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares in the last quarter. Keudell Morrison Wealth Management purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $43,773,000. Finally, Evergreen Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $41,630,000.

Key Stories Impacting Schwab US Dividend Equity ETF

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

• Positive Sentiment: Multiple articles argued that SCHD remains a “gold standard” among dividend ETFs, emphasizing its quality screen, stronger performance, and lower risk than higher-yield alternatives. SCHD Vs. PFFA: Ditching The Yield Trap For Schwab’s Gold Standard
• Positive Sentiment: Coverage showing that a $1 million investment in SCHD in 2016 grew to about $2.3 million while also producing substantial dividend income may attract more income-focused investors. Retiring? Buy SCHD. $1m into 2.3m since 2016, $53K/y in dividends. No Reinvestments.
• Positive Sentiment: Another recent piece said SCHD is a good time to buy, noting the ETF has held up relatively well even as broader markets weakened and that it remains near its year-to-date high. SCHD stock: Why it is a good time to buy this dividend ETF
• Neutral Sentiment: Several comparison articles discussed SCHD favorably against VYM and HDV, but these were mainly relative-value debates rather than new fund-specific catalysts. SCHD vs. VYM: Which Dividend ETF Builds a Better Income Stream? HDV: Less Stable Than SCHD With No Dividend Or Quality Advantage
• Negative Sentiment: One Seeking Alpha article argued that dividend ETFs like SCHD still face valuation, earnings, and sector-concentration risk, suggesting the fund is not as defensive as many investors assume. Why The ETF With The Worst Sharpe Ratio Is Our Top Pick

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $32.53 on Friday. Schwab US Dividend Equity ETF has a one year low of $26.16 and a one year high of $32.91. The company’s 50 day moving average price is $31.64 and its 200 day moving average price is $30.22. The firm has a market capitalization of $92.34 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.