Schwab US Dividend Equity ETF $SCHD Position Boosted by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 94.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,668 shares of the company’s stock after purchasing an additional 38,730 shares during the period. Schwab US Dividend Equity ETF comprises about 1.2% of Guardian Asset Advisors LLC’s portfolio, making the stock its 22nd biggest holding. Guardian Asset Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,592,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SCHD. Envestnet Asset Management Inc. grew its position in Schwab US Dividend Equity ETF by 2.1% during 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 period. Cassaday & Co Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.5% in 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 period. Royal Bank of Canada raised its position in shares of Schwab US Dividend Equity ETF by 8.3% in 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 period. Keystone Financial Planning Inc. raised its position in shares of Schwab US Dividend Equity ETF by 0.5% in 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 period. Finally, HHM Wealth Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 2.8% during the 1st quarter. HHM Wealth Advisors LLC now owns 5,156,506 shares of the company’s stock worth $158,202,000 after acquiring an additional 138,225 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.7%

SCHD stock opened at $34.35 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31. The firm has a market cap of $114.95 billion, a P/E ratio of 14.57 and a beta of 0.68. The company’s 50-day simple moving average is $34.01 and its 200-day simple moving average is $32.75.

About Schwab US Dividend Equity ETF

(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.

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