Schwab US Dividend Equity ETF $SCHD Stock: Parallel Advisors LLC Boosts Stake

Parallel Advisors LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 4.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 464,630 shares of the company’s stock after buying an additional 18,516 shares during the quarter. Parallel Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $15,114,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Whitegate Investment Counselors Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 1.6% in the third quarter. Whitegate Investment Counselors Inc. now owns 505,662 shares of the company’s stock valued at $16,449,000 after purchasing an additional 8,203 shares during the last quarter. Asset Dedication LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $2,776,000. United Advisor Group LLC lifted its position in shares of Schwab US Dividend Equity ETF by 9.1% in the third quarter. United Advisor Group LLC now owns 141,341 shares of the company’s stock worth $4,598,000 after purchasing an additional 11,825 shares in the last quarter. Plancorp LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $8,863,000. Finally, Asset One Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 15.5% during the third quarter. Asset One Wealth Management LLC now owns 593,112 shares of the company’s stock worth $19,294,000 after purchasing an additional 79,435 shares during the last quarter.

Key Stories Impacting Schwab US Dividend Equity ETF

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

Schwab US Dividend Equity ETF Stock Down 0.7%

SCHD traded down $0.25 during trading hours on Friday, hitting $35.17. 28,425,670 shares of the company’s stock were exchanged, compared to its average volume of 22,656,920. Schwab US Dividend Equity ETF has a 1-year low of $26.49 and a 1-year high of $36.38. The stock’s 50-day moving average is $34.19 and its two-hundred day moving average is $32.49. The stock has a market cap of $119.41 billion, a price-to-earnings ratio of 19.09 and a beta of 0.66.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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