Edgestream Partners L.P. Has $708,000 Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Edgestream Partners L.P. increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 148.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,110 shares of the company’s stock after acquiring an additional 5,441 shares during the quarter. Edgestream Partners L.P.’s holdings in Schwab US Dividend Equity ETF were worth $708,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Central Pacific Bank Trust Division acquired a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter worth $25,000. Financial Gravity Asset Management Inc. bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at about $25,000. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at approximately $26,000. Iron Horse Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $26,000. Finally, PFG Private Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $27,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $84.48 on Friday. The company’s 50 day simple moving average is $82.19 and its 200 day simple moving average is $79.63. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $85.24. The stock has a market capitalization of $59.26 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.