Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Cooper Financial Group

by · The Markets Daily

Cooper Financial Group lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 221.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 561,344 shares of the company’s stock after acquiring an additional 386,838 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 1.8% of Cooper Financial Group’s holdings, making the stock its 13th biggest holding. Cooper Financial Group’s holdings in Schwab US Dividend Equity ETF were worth $15,336,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Ashton Thomas Private Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $72,000. Oppenheimer Asset Management Inc. raised its position in Schwab US Dividend Equity ETF by 45.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 58,752 shares of the company’s stock worth $4,569,000 after buying an additional 18,220 shares during the last quarter. Evergreen Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 3.7% during the 2nd quarter. Evergreen Advisors LLC now owns 445,174 shares of the company’s stock valued at $34,617,000 after acquiring an additional 15,909 shares during the period. Tennessee Valley Asset Management Partners purchased a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $209,000. Finally, Fairfield Financial Advisors LTD acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth $39,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD traded up $0.28 during mid-day trading on Monday, hitting $27.29. The company’s stock had a trading volume of 14,428,597 shares, compared to its average volume of 16,743,082. The business’s fifty day moving average is $28.29 and its two-hundred day moving average is $27.77. The stock has a market cap of $19.14 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72.

About Schwab US Dividend Equity ETF

(Free Report)

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.

See Also

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:SCHDFree Report).