Stephens Inc. AR Raises Position in Schwab US Dividend Equity ETF $SCHD

Stephens Inc. AR raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,807,762 shares of the company’s stock after buying an additional 99,254 shares during the period. Schwab US Dividend Equity ETF comprises approximately 0.7% of Stephens Inc. AR’s portfolio, making the stock its 27th largest position. Stephens Inc. AR’s holdings in Schwab US Dividend Equity ETF were worth $55,462,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHD. Mountain Hill Investment Partners Corp. boosted its holdings in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring 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 approximately $25,000. Field & Main Bank bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Triumph Capital Management purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.39 on Monday. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92. The company’s 50 day moving average price is $32.06 and its 200-day moving average price is $30.74. The stock has a market capitalization of $97.86 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.