Silver Lake Advisory LLC Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Silver Lake Advisory LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,993 shares of the company’s stock after acquiring an additional 343 shares during the quarter. Silver Lake Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $388,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Central Pacific Bank Trust Division bought a new stake in Schwab US Dividend Equity ETF in the first quarter worth $25,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $25,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at about $26,000. Iron Horse Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $26,000. Finally, PFG Private Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $27,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $84.26 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $85.24. The firm has a market cap of $59.11 billion, a PE ratio of 15.04 and a beta of 0.74. The business has a 50 day moving average price of $82.49 and a 200-day moving average price of $79.83.

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.