Benjamin Edwards Inc. Boosts Stock Position in Schwab US Dividend Equity ETF $SCHD

Benjamin Edwards Inc. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 398,292 shares of the company’s stock after purchasing an additional 27,850 shares during the quarter. Benjamin Edwards Inc.’s holdings in Schwab US Dividend Equity ETF were worth $10,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kozak & Associates Inc. raised its holdings in Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after acquiring an additional 938 shares during the period. PrairieView Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after acquiring an additional 467 shares during the period. Financial Management Professionals Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after acquiring an additional 907 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth about $39,000. Finally, Independence Bank of Kentucky purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $41,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $28.42 on Friday. The stock has a market cap of $74.31 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $28.84. The firm’s 50 day moving average price is $27.38 and its 200-day moving average price is $27.24.

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.