MML Investors Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 5.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,298,234 shares of the company’s stock after buying an additional 345,987 shares during the quarter. MML Investors Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $172,761,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. lifted its stake in shares of 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 worth $25,000 after buying an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000. Finally, Triumph Capital Management bought a new position in Schwab US Dividend Equity ETF during the third quarter worth about $33,000.
Schwab US Dividend Equity ETF Stock Performance
NYSEARCA:SCHD opened at $32.82 on Monday. Schwab US Dividend Equity ETF has a 52 week low of $26.16 and a 52 week high of $32.92. The firm has a market cap of $93.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The firm’s 50-day simple moving average is $31.68 and its 200 day simple moving average is $30.26.
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.
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Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
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