Souders Financial Advisors Has $28.29 Million Stake in Schwab US Dividend Equity ETF $SCHD

Souders Financial Advisors boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,036,120 shares of the company’s stock after buying an additional 54,098 shares during the period. Schwab US Dividend Equity ETF comprises 3.4% of Souders Financial Advisors’ holdings, making the stock its 6th biggest position. Souders Financial Advisors’ holdings in Schwab US Dividend Equity ETF were worth $28,286,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Ellis Investment Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after buying an additional 375 shares in the last quarter. Madden Advisory Services Inc. grew its holdings in Schwab US Dividend Equity ETF by 0.3% during the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock valued at $3,003,000 after buying an additional 383 shares in the last quarter. Harbor Group Inc. increased its stake in Schwab US Dividend Equity ETF by 4.8% in the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after acquiring an additional 383 shares during the last quarter. Bellevue Asset Management LLC increased its stake in Schwab US Dividend Equity ETF by 1.2% in the 2nd quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after acquiring an additional 389 shares during the last quarter. Finally, Narwhal Capital Management raised its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the 2nd quarter. Narwhal Capital Management now owns 36,495 shares of the company’s stock worth $967,000 after acquiring an additional 400 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $29.82 on Friday. The stock has a 50 day moving average price of $28.07 and a 200-day moving average price of $27.48. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.82. The company has a market capitalization of $78.30 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.