Cibc World Market Inc. Has $192.63 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Cibc World Market Inc. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 31.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,022,759 shares of the company’s stock after acquiring an additional 1,694,144 shares during the period. Cibc World Market Inc. owned about 0.27% of Schwab US Dividend Equity ETF worth $192,634,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SCHD. Mountain Hill Investment Partners Corp. raised its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $25,000. Field & Main Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Finally, Triumph Capital Management acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $33,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $32.37 on Thursday. Schwab US Dividend Equity ETF has a 1 year low of $26.16 and a 1 year high of $32.91. The stock has a 50 day simple moving average of $31.42 and a 200-day simple moving average of $30.00. The stock has a market cap of $91.89 billion, a PE ratio of 14.57 and a beta of 0.68.

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.