Integrated Advisors Network LLC Has $19.15 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Integrated Advisors Network LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.0% in the third quarter, Holdings Channel.com reports. The fund owned 701,610 shares of the company’s stock after selling 21,500 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 0.8% of Integrated Advisors Network LLC’s portfolio, making the stock its 21st largest position. Integrated Advisors Network LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,154,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rakuten Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF during the third quarter worth about $1,127,144,000. Sumitomo Life Insurance Co. acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $847,665,000. Avantax Advisory Services Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock worth $753,579,000 after buying an additional 796,001 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 12.1% during 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 during the period. Finally, Avantax Planning Partners Inc. boosted its stake in Schwab US Dividend Equity ETF by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock valued at $265,893,000 after buying an additional 280,277 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $31.51 on Friday. The stock has a market cap of $82.88 billion, a PE ratio of 14.57 and a beta of 0.77. The business has a fifty day moving average of $29.51 and a two-hundred day moving average of $28.05. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.88.

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.