Avior Wealth Management LLC Acquires 385,587 Shares of Schwab US Dividend Equity ETF $SCHD

Avior Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 385,587 shares of the company’s stock, valued at approximately $12,540,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. Envestnet Asset Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after purchasing an additional 354,983 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.5% in the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after buying an additional 324,778 shares during the last quarter. Royal Bank of Canada raised its position in shares of Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after buying an additional 660,876 shares during the last quarter. Keystone Financial Planning Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 0.5% in the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after buying an additional 29,169 shares in the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 5.8% in the fourth quarter. MML Investors Services LLC now owns 6,298,234 shares of the company’s stock worth $172,761,000 after buying an additional 345,987 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.7%

SCHD opened at $33.26 on Tuesday. The firm has a market capitalization of $110.74 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.31. The firm’s 50-day moving average price is $34.01 and its 200 day moving average price is $32.67.

Schwab US Dividend Equity ETF 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.