Schwab US Dividend Equity ETF $SCHD Shares Purchased by Advisors Preferred LLC

Advisors Preferred LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 784,530 shares of the company’s stock after buying an additional 47,900 shares during the period. Schwab US Dividend Equity ETF makes up about 3.6% of Advisors Preferred LLC’s holdings, making the stock its 4th biggest position. Advisors Preferred LLC’s holdings in Schwab US Dividend Equity ETF were worth $24,069,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Meridian Management Co. raised its stake in shares of Schwab US Dividend Equity ETF by 20.8% during the 1st quarter. Meridian Management Co. now owns 36,666 shares of the company’s stock worth $1,125,000 after buying an additional 6,305 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 83.2% during the first quarter. Sanctuary Advisors LLC now owns 911,443 shares of the company’s stock worth $27,963,000 after acquiring an additional 414,039 shares during the period. Sigma Planning Corp raised its position in Schwab US Dividend Equity ETF by 4.4% in the first quarter. Sigma Planning Corp now owns 869,867 shares of the company’s stock worth $26,688,000 after acquiring an additional 36,626 shares in the last quarter. Camden National Bank raised its position in Schwab US Dividend Equity ETF by 10.8% in the first quarter. Camden National Bank now owns 171,581 shares of the company’s stock worth $5,264,000 after acquiring an additional 16,663 shares in the last quarter. Finally, Members Trust Co acquired a new stake in Schwab US Dividend Equity ETF in the first quarter valued at $211,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $32.20 on Wednesday. The firm has a market capitalization of $97.99 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92. The company’s fifty day moving average is $32.19 and its two-hundred day moving average is $30.97.

About Schwab US Dividend Equity ETF

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.