Schwab US Dividend Equity ETF $SCHD Stock Purchased by Howard Financial Services LTD.

Howard Financial Services LTD. lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.1% in the third quarter, Holdings Channel.com reports. The fund owned 1,962,559 shares of the company’s stock after purchasing an additional 58,886 shares during the period. Schwab US Dividend Equity ETF comprises approximately 6.7% of Howard Financial Services LTD.’s portfolio, making the stock its 2nd largest holding. Howard Financial Services LTD.’s holdings in Schwab US Dividend Equity ETF were worth $63,842,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Paradiem LLC bought a new position in Schwab US Dividend Equity ETF in the 1st quarter worth $56,258,000. Baer Investment Advisory LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the first quarter valued at about $46,847,000. Stonehearth Capital Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $31,481,000. Royal Bank of Canada raised its stake in 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 worth $265,563,000 after buying an additional 660,876 shares in the last quarter. Finally, Ameritas Advisory Services LLC raised its stake in Schwab US Dividend Equity ETF by 108.4% in the second quarter. Ameritas Advisory Services LLC now owns 1,262,852 shares of the company’s stock worth $40,045,000 after buying an additional 656,892 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $33.71 on Thursday. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $35.31. The company has a 50-day simple moving average of $34.00 and a two-hundred day simple moving average of $32.71. The firm has a market capitalization of $112.62 billion, a PE ratio of 14.57 and a beta of 0.68.

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.