Sumitomo Mitsui Trust Group Inc. Buys 111,100 Shares of Schwab US Dividend Equity ETF $SCHD

Sumitomo Mitsui Trust Group Inc. increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 110.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 211,600 shares of the company’s stock after buying an additional 111,100 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $5,777,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Financial Management Professionals Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares in the last quarter. PrairieView Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares during the period. Vaughan Nelson Investment Management L.P. bought a new stake in Schwab US Dividend Equity ETF during the 2nd quarter valued at approximately $39,000. Independence Bank of Kentucky bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $41,000. Finally, True Wealth Design LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 42.9% during the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after acquiring an additional 450 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.4%

SCHD opened at $28.90 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.11. The stock has a market cap of $75.72 billion, a PE ratio of 14.57 and a beta of 0.77. The business has a 50 day moving average of $27.64 and a 200-day moving average of $27.34.

About Schwab US Dividend Equity ETF

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.