Integrity Alliance LLC. purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 318,735 shares of the company’s stock, valued at approximately $10,368,000.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its position in Schwab US Dividend Equity ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after acquiring an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its stake 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 worth $293,578,000 after acquiring an additional 324,778 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Schwab US Dividend Equity ETF by 8.3% during the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after purchasing an additional 660,876 shares in the last quarter. Keystone Financial Planning Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 0.5% during the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after purchasing an additional 29,169 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.7% during the first quarter. Kestra Advisory Services LLC now owns 3,523,127 shares of the company’s stock worth $108,090,000 after purchasing an additional 126,902 shares in the last quarter.
Schwab US Dividend Equity ETF Price Performance
SCHD opened at $35.55 on Wednesday. The stock has a market capitalization of $120.33 billion, a P/E ratio of 14.57 and a beta of 0.66. The company’s 50 day simple moving average is $34.16 and its 200-day simple moving average is $32.39. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $36.10.
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.
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