According to the latest 13F filings for the reporting period ending June 30, 2024, the Schwab US Dividend Equity ETF (SCHD) was held by eight hedge funds. Notably, one fund increased its position while five others reduced theirs, indicating a mixed sentiment. Overall, hedge funds increased their aggregate holdings in SCHD by approximately 0.97%, from 101,916,469 shares to 102,901,344 shares, totaling an increase of 984,875 shares.
These findings highlight the importance of analyzing groups of 13F filings, as individual positions may not fully reflect fund strategies due to their long-only disclosure requirements. This aggregate data from 3,215 funds provides a clearer picture of the trends surrounding SCHD during this reporting period.
