Schwab US Dividend Equity ETF $SCHD Shares Bought by Victory Financial Group LLC

Victory Financial Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.0% in the third quarter, HoldingsChannel reports. The firm owned 1,560,263 shares of the company’s stock after purchasing an additional 45,267 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 4.7% of Victory Financial Group LLC’s holdings, making the stock its 2nd largest holding. Victory Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $50,755,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHD. Envestnet Asset Management Inc. lifted its stake in Schwab US Dividend Equity ETF by 2.1% in the second quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after buying an additional 354,983 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.5% during the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after acquiring an additional 324,778 shares during the last quarter. Royal Bank of Canada grew its position in shares of Schwab US Dividend Equity ETF by 8.3% during the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after acquiring an additional 660,876 shares during the last quarter. Keystone Financial Planning Inc. grew its position in shares of Schwab US Dividend Equity ETF by 0.5% during the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after acquiring an additional 29,169 shares during the last quarter. Finally, Keybank National Association OH increased its holdings in shares of Schwab US Dividend Equity ETF by 7.9% in the 1st quarter. Keybank National Association OH now owns 3,836,791 shares of the company’s stock worth $117,713,000 after acquiring an additional 280,129 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.5%

Shares of NYSEARCA:SCHD opened at $35.12 on Wednesday. The company has a market cap of $117.94 billion, a PE ratio of 14.57 and a beta of 0.68. The company’s 50-day moving average price is $34.09 and its 200 day moving average price is $32.22. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.45.

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.