Schwab Strategic Trust - Schwab U.S. Dividend Equity ETF
US ˙ ARCA ˙ US8085247976

SecuritySCHD / Schwab Strategic Trust - Schwab U.S. Dividend Equity ETF
InstitutionBaird Financial Group, Inc.
Latest Disclosed Ownership2,019,352 shares
Latest Disclosed Value $ 61,953,737
Baird Financial Group, Inc. reports 4.54% decrease in ownership of SCHD / Schwab Strategic Trust - Schwab U.S. Dividend Equity ETF

On May 14, 2026 - Baird Financial Group, Inc. filed a 13F-HR form disclosing ownership of 2,019,352 shares of Schwab Strategic Trust - Schwab U.S. Dividend Equity ETF (US:SCHD) valued at $61,953,719 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 2,115,357 shares of Schwab Strategic Trust - Schwab U.S. Dividend Equity ETF. This represents a change in shares of -4.54% during the quarter. The current value of the position is $65,225,070 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 2,019,352 -96,005 -4.54 61,954 6.77 0.0521
2026-02-13 2025-12-31 13F SCHWAB STRATEGIC TR US DIVIDEND EQ COMMON 808524797 2,115,357 -1,729,941 -44.99 58,024 -44.73 0.0904
2025-11-13 2025-09-30 13F SCHWAB STRATEGIC TR US DIVIDEND EQ COMMON 808524797 3,845,298 -785,654 -16.97 104,977 -14.46 0.1688
2025-08-13 2025-06-30 13F SCHWAB STRATEGIC TR US DIVIDEND EQ COMMON 808524797 4,630,952 242,479 5.53 122,720 0.02 0.2152
2025-05-15 2025-03-31 13F SCHWAB STRATEGIC TR US DIVIDEND EQ COMMON 808524797 4,388,473 -5,709 -0.13 122,702 2.21 0.2363
2025-02-14 2024-12-31 13F SCHWAB U S DIVIDEND EQUITY ETF COMMON 808524797 4,394,182 2,866,689 187.67 120,049 -7.02 0.2296
2024-11-14 2024-09-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 1,527,493 240,235 18.66 129,119 28.99 0.2507
2024-08-14 2024-06-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 1,287,258 108,891 9.24 100,097 5.35 0.2076
2024-05-14 2024-03-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 1,178,367 16,261 1.40 95,012 7.39 0.1992
2024-02-14 2023-12-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 1,162,106 234,023 25.22 88,471 34.72 0.2016
2023-11-13 2023-09-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 928,083 282,147 43.68 65,671 40.00 0.1791
2023-08-11 2023-06-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 645,936 17,798 2.83 46,908 2.07 0.1238
2023-05-15 2023-03-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 628,138 56,955 9.97 45,955 106,769.77 0.1134
2023-02-13 2022-12-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 571,183 192,151 50.70 43 -99.83 0.1136
2022-11-15 2022-09-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 379,032 41,807 12.40 25,179 4.24 0.0742
2022-08-08 2022-06-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 337,225 48,214 16.68 24,155 5.94 0.0671
2022-05-13 2022-03-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 289,011 28,670 11.01 22,800 8.35 0.0563
2022-02-09 2021-12-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 260,341 -1,511 -0.58 21,043 8.25 0.0492
2021-11-12 2021-09-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 261,852 23,146 9.70 19,440 7.69 0.0497
2021-08-11 2021-06-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 238,706 8,342 3.62 18,051 7.46 0.0469
2021-05-13 2021-03-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 230,364 137,300 147.53 16,798 181.42 0.0471
2021-02-11 2020-12-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 93,064 34 0.04 5,969 16.02 0.0178
2020-11-12 2020-09-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 93,030 -3,745 -3.87 5,145 2.74 0.0176
2020-10-22 2020-06-30 13F/A-1 SCHWAB STR U S DIV ETF COMMON 808524797 96,775 1,005 1.05 5,008 16.28 0.0189
2020-08-14 2020-06-30 13F SCHWAB STRATEGIC TR US DIVIDEN ETF - E 808524797 103,579 7,809 5,999 11,888.6550
2020-05-14 2020-03-31 13F SCHWAB STRATEGIC TR US DIVIDEND COMMON 808524797 95,770 -5,932 -5.83 4,307 -26.89 0.0197
2020-02-14 2019-12-31 13F SCHWAB STRATEGIC TR US DIVIDEN COMMON 808524797 101,702 13,610 15.45 5,891 22.07 0.0211
2019-11-14 2019-09-30 13F SCHWAB US DIVIDEND ETF Common 808524797 88,092 2,671 3.13 4,826 6.46 0.0190
2019-08-14 2019-06-30 13F SCHWAB US DIVIDEND ETF COMMON 808524797 85,421 40,247 89.09 4,533 91.91 0.0176
2019-05-14 2019-03-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 45,174 691 1.55 2,362 13.07 0.0138
2019-02-14 2018-12-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 44,483 457 1.04 2,089 -10.73 0.0142
2018-11-13 2018-09-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 44,026 1,430 3.36 2,340 11.43 0.0147
2018-08-13 2018-06-30 13F SCHWAB STR U S DIV ETF COMMON 808524797 42,596 -4,838 -10.20 2,100 -9.72 0.0143
2018-05-14 2018-03-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 47,434 43,457 1,092.71 2,326 1,040.20 0.0164
2018-02-09 2017-12-31 13F SCHWAB STR U S DIV ETF COMMON 808524797 3,977 3,977 204 0.0014
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.