Schwab US Dividend Equity ETF $SCHD Shares Acquired by Ascentis Independent Advisors

Ascentis Independent Advisors boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 723.7% in the 1st quarter, Holdings Channel reports. The firm owned 447,956 shares of the company’s stock after purchasing an additional 393,571 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.0% of Ascentis Independent Advisors’ investment portfolio, making the stock its 12th biggest holding. Ascentis Independent Advisors’ holdings in Schwab US Dividend Equity ETF were worth $13,743,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after buying an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares during the last quarter. Bison Wealth LLC raised its stake in Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after acquiring an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after acquiring an additional 155,769 shares during the period. Finally, United Bank lifted its position in Schwab US Dividend Equity ETF by 5.0% during the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after acquiring an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $32.39 on Monday. The company has a market capitalization of $97.86 billion, a P/E ratio of 14.57 and a beta of 0.68. The business’s 50 day moving average is $32.06 and its two-hundred day moving average is $30.74. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92.

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.