Fifth Third Bancorp Has $84.09 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Fifth Third Bancorp lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,740,918 shares of the company’s stock after acquiring an additional 190,748 shares during the period. Fifth Third Bancorp owned approximately 0.10% of Schwab US Dividend Equity ETF worth $84,091,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. American Trust lifted its position in Schwab US Dividend Equity ETF by 2.0% in the 1st quarter. American Trust now owns 20,856 shares of the company’s stock valued at $640,000 after acquiring an additional 418 shares in the last quarter. Signature Resources Capital Management LLC increased its holdings in Schwab US Dividend Equity ETF by 53.8% during the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after purchasing an additional 500 shares in the last quarter. Van Cleef Asset Management Inc increased its holdings in Schwab US Dividend Equity ETF by 12.4% during the 1st quarter. Van Cleef Asset Management Inc now owns 30,205 shares of the company’s stock worth $927,000 after purchasing an additional 3,328 shares in the last quarter. Advisors Management Group Inc. ADV raised its stake in shares of Schwab US Dividend Equity ETF by 4.8% in the 1st quarter. Advisors Management Group Inc. ADV now owns 117,129 shares of the company’s stock valued at $3,593,000 after purchasing an additional 5,350 shares during the period. Finally, Simplicity Wealth LLC raised its stake in shares of Schwab US Dividend Equity ETF by 1.8% in the 1st quarter. Simplicity Wealth LLC now owns 57,802 shares of the company’s stock valued at $1,773,000 after purchasing an additional 1,005 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.40 on Monday. The firm has a market cap of $98.40 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock’s 50-day moving average is $32.17 and its 200-day moving average is $30.91. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92.

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.