Nations Financial Group Inc. IA ADV Has $11.63 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Nations Financial Group Inc. IA ADV reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 425,846 shares of the company’s stock after selling 46,061 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 0.7% of Nations Financial Group Inc. IA ADV’s holdings, making the stock its 23rd largest holding. Nations Financial Group Inc. IA ADV’s holdings in Schwab US Dividend Equity ETF were worth $11,626,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lederer & Associates Investment Counsel CA boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.5% in the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after buying an additional 375 shares during the last quarter. Ellis Investment Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after buying an additional 375 shares during the last quarter. Madden Advisory Services Inc. raised its position in Schwab US Dividend Equity ETF by 0.3% during the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after acquiring an additional 383 shares in the last quarter. Harbor Group Inc. lifted its stake in Schwab US Dividend Equity ETF by 4.8% in the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after acquiring an additional 383 shares during the last quarter. Finally, Bellevue Asset Management LLC lifted its stake in Schwab US Dividend Equity ETF by 1.2% in the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after acquiring an additional 389 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4%

SCHD stock opened at $28.90 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.11. The business’s 50 day simple moving average is $27.64 and its 200 day simple moving average is $27.34. The firm has a market capitalization of $75.63 billion, a PE ratio of 14.57 and a beta of 0.77.

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.