Brighton Jones LLC Acquires 6,893 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Brighton Jones LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,574 shares of the company’s stock after purchasing an additional 6,893 shares during the quarter. Brighton Jones LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,844,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Sumitomo Life Insurance Co. increased its stake in Schwab US Dividend Equity ETF by 110.7% in the first quarter. Sumitomo Life Insurance Co. now owns 6,320,000 shares of the company’s stock valued at $471,352,000 after acquiring an additional 3,320,000 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in Schwab US Dividend Equity ETF by 5,259.9% in the second quarter. Strategic Financial Concepts LLC now owns 3,114,560 shares of the company’s stock valued at $242,188,000 after acquiring an additional 3,056,451 shares during the last quarter. Charles Schwab Trust Bank bought a new position in Schwab US Dividend Equity ETF in the first quarter valued at approximately $146,782,000. Wulff Hansen & CO. boosted its position in Schwab US Dividend Equity ETF by 8,405.3% in the second quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock valued at $113,175,000 after buying an additional 1,438,322 shares in the last quarter. Finally, Focus Financial Network Inc. ADV acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $95,831,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $84.85 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $85.24. The firm has a market capitalization of $59.52 billion, a P/E ratio of 15.04 and a beta of 0.74. The company’s 50 day moving average price is $82.09 and its two-hundred day moving average price is $79.58.

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.