Cambridge Advisors Inc. Has $4.19 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cambridge Advisors Inc. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 153,528 shares of the company’s stock after buying an additional 103,051 shares during the period. Schwab US Dividend Equity ETF makes up 0.9% of Cambridge Advisors Inc.’s portfolio, making the stock its 20th largest position. Cambridge Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,194,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. Edgestream Partners L.P. increased its holdings in Schwab US Dividend Equity ETF by 148.3% during the 2nd quarter. Edgestream Partners L.P. now owns 9,110 shares of the company’s stock worth $708,000 after purchasing an additional 5,441 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Schwab US Dividend Equity ETF by 6.3% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,593 shares of the company’s stock valued at $513,000 after acquiring an additional 392 shares in the last quarter. Hollencrest Capital Management boosted its position in Schwab US Dividend Equity ETF by 536.0% during the 2nd quarter. Hollencrest Capital Management now owns 1,253 shares of the company’s stock worth $97,000 after acquiring an additional 1,056 shares during the last quarter. AE Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.8% in the second quarter. AE Wealth Management LLC now owns 96,893 shares of the company’s stock worth $7,534,000 after purchasing an additional 3,574 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its holdings in Schwab US Dividend Equity ETF by 0.5% during the second quarter. Garden State Investment Advisory Services LLC now owns 115,959 shares of the company’s stock worth $9,122,000 after purchasing an additional 612 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.99 on Friday. The business has a 50-day moving average of $28.19 and a 200-day moving average of $27.82. The stock has a market capitalization of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.72.

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.