Genesee Capital Advisors LLC Has $3.94 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Genesee Capital Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 340.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 144,086 shares of the company’s stock after acquiring an additional 111,379 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.8% of Genesee Capital Advisors LLC’s portfolio, making the stock its 10th biggest position. Genesee Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,936,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Bensler LLC increased its holdings in Schwab US Dividend Equity ETF by 170.7% during the 4th quarter. Bensler LLC now owns 237,566 shares of the company’s stock worth $6,490,000 after purchasing an additional 149,820 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 218.3% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 60,383 shares of the company’s stock worth $1,579,000 after buying an additional 41,412 shares during the last quarter. Aspire Capital Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 213.6% in the 4th quarter. Aspire Capital Advisors LLC now owns 1,089,645 shares of the company’s stock worth $29,769,000 after buying an additional 742,136 shares during the last quarter. Wealth Effects LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 198.8% in the 4th quarter. Wealth Effects LLC now owns 14,314 shares of the company’s stock worth $391,000 after buying an additional 9,523 shares during the last quarter. Finally, Prospect Financial Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 310.2% in the 4th quarter. Prospect Financial Services LLC now owns 57,733 shares of the company’s stock worth $1,577,000 after buying an additional 43,659 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.3 %

Schwab US Dividend Equity ETF stock opened at $28.07 on Wednesday. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The business’s 50 day simple moving average is $28.08 and its 200 day simple moving average is $27.94. The company has a market cap of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Profile

(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.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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