Capital Investment Advisors LLC Has $3.62 Million Position in Schwab US Dividend Equity ETF $SCHD

Capital Investment Advisors LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 132,544 shares of the company’s stock after selling 34,032 shares during the quarter. Capital Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,618,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Kingstone Capital Partners Texas LLC bought a new stake in Schwab US Dividend Equity ETF in the second quarter valued at about $1,031,129,000. Avantax Advisory Services Inc. boosted its holdings in Schwab US Dividend Equity ETF by 2.9% during the second quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock valued at $753,579,000 after purchasing an additional 796,001 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after purchasing an additional 1,083,206 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,067,607 shares of the company’s stock valued at $330,049,000 after purchasing an additional 412,988 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after buying an additional 1,217,005 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $28.55 on Friday. The business has a 50 day simple moving average of $27.41 and a 200 day simple moving average of $27.26. The company has a market capitalization of $74.65 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84.

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.