McElhenny Sheffield Capital Management LLC Purchases 7,210 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

McElhenny Sheffield Capital Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,815 shares of the company’s stock after acquiring an additional 7,210 shares during the quarter. McElhenny Sheffield Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $295,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after purchasing an additional 104,855 shares during the period. GAMMA Investing LLC lifted its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after buying an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $163,000. Synovus Financial Corp raised its stake in Schwab US Dividend Equity ETF by 148.1% in the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after acquiring an additional 25,380 shares during the period. Finally, Anchor Investment Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.99 on Friday. The stock has a fifty day moving average of $28.19 and a 200-day moving average of $27.82. The stock has a market cap of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72.

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.