Duncan Williams Asset Management LLC Acquires 80,085 Shares of Schwab US Dividend Equity ETF $SCHD

Duncan Williams Asset Management LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,124,692 shares of the company’s stock after acquiring an additional 80,085 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 4.6% of Duncan Williams Asset Management LLC’s holdings, making the stock its 4th largest holding. Duncan Williams Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $29,804,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter valued at approximately $1,031,129,000. LPL Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 6.8% in the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after acquiring an additional 2,470,706 shares during the period. Wealthspire Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 95.2% in the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after acquiring an additional 14,410,724 shares during the last quarter. Avantax Advisory Services Inc. lifted its position in Schwab US Dividend Equity ETF by 6.3% during the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after acquiring an additional 1,637,300 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock valued at $491,196,000 after purchasing an additional 113,330 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.3%

Shares of NYSEARCA:SCHD opened at $27.41 on Monday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The stock has a market cap of $71.87 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The business has a 50-day moving average price of $27.33 and a 200-day moving average price of $26.75.

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.