175,751 Shares of Schwab US Dividend Equity ETF $SCHD Bought by Sanders Morris Harris LLC

Sanders Morris Harris LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 175,751 shares of the company’s stock, valued at approximately $5,837,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Lodestone Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 10.9% in the third quarter. Lodestone Wealth Management LLC now owns 16,280 shares of the company’s stock valued at $530,000 after purchasing an additional 1,603 shares during the period. Seelaus Asset Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 5.3% in the 3rd quarter. Seelaus Asset Management LLC now owns 14,162 shares of the company’s stock valued at $461,000 after purchasing an additional 713 shares during the period. Focus Financial Network Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 2.0% in the third quarter. Focus Financial Network Inc. now owns 1,855,405 shares of the company’s stock worth $60,356,000 after purchasing an additional 37,116 shares during the period. Enclave Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 3.1% during the 3rd quarter. Enclave Advisors LLC now owns 58,443 shares of the company’s stock valued at $1,901,000 after acquiring an additional 1,731 shares during the last quarter. Finally, My Personal CFO LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 57.8% during the third quarter. My Personal CFO LLC now owns 107,135 shares of the company’s stock worth $3,485,000 after purchasing an additional 39,245 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.0%

Shares of Schwab US Dividend Equity ETF stock traded up $0.34 on Wednesday, hitting $33.71. 25,568,474 shares of the company traded hands, compared to its average volume of 22,419,781. The company has a market cap of $112.62 billion, a P/E ratio of 14.57 and a beta of 0.68. The firm’s 50-day simple moving average is $34.00 and its 200 day simple moving average is $32.69. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31.

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.