Cyr Financial Inc. decreased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 92.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 18,848 shares of the company’s stock after selling 225,376 shares during the quarter. Cyr Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $517,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the stock. Rakuten Investment Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $1,127,144,000. Sumitomo Life Insurance Co. purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $847,665,000. Cibc World Market Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 243.5% during the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after buying an additional 3,777,339 shares during the last quarter. Osaic Holdings Inc. grew its holdings in Schwab US Dividend Equity ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after buying an additional 1,217,005 shares in the last quarter. Finally, Lido Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $32,308,000.
Schwab US Dividend Equity ETF Trading Down 0.6%
Shares of NYSEARCA:SCHD opened at $30.51 on Thursday. The stock’s fifty day simple moving average is $30.84 and its two-hundred day simple moving average is $28.61. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95. The stock has a market cap of $80.25 billion, a PE ratio of 14.57 and a beta of 0.77.
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.
See Also
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
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