Schwab US Dividend Equity ETF $SCHD Shares Acquired by Skyline Advisors Inc.

Skyline Advisors Inc. increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 651,559 shares of the company’s stock after buying an additional 32,656 shares during the period. Schwab US Dividend Equity ETF comprises about 6.1% of Skyline Advisors Inc.’s portfolio, making the stock its 7th biggest position. Skyline Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $17,788,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Rakuten Investment Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $1,127,144,000. Sumitomo Life Insurance Co. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $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 valued at $753,579,000 after purchasing 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 purchasing an additional 1,217,005 shares during the last quarter. Finally, Avantax Planning Partners Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 3.0% during the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after purchasing an additional 280,277 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4%

Shares of SCHD stock opened at $31.13 on Monday. The company has a market cap of $81.88 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm has a fifty day moving average price of $29.98 and a 200 day moving average price of $28.24. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95.

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.