Schwab US Dividend Equity ETF $SCHD Position Trimmed by AdvisorNet Financial Inc

AdvisorNet Financial Inc reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 4.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 901,801 shares of the company’s stock after selling 45,793 shares during the period. Schwab US Dividend Equity ETF makes up 1.4% of AdvisorNet Financial Inc’s investment portfolio, making the stock its 16th largest holding. AdvisorNet Financial Inc’s holdings in Schwab US Dividend Equity ETF were worth $30,400,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its holdings in shares of 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 boosted its stake 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 buying an additional 324,778 shares during the period. Royal Bank of Canada boosted its stake 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 buying an additional 660,876 shares during the period. Keystone Financial Planning Inc. boosted its stake 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 buying an additional 29,169 shares during the period. Finally, HHM Wealth Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 2.8% during the first quarter. HHM Wealth Advisors LLC now owns 5,156,506 shares of the company’s stock worth $158,202,000 after buying an additional 138,225 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.2%

NYSEARCA SCHD opened at $34.10 on Friday. The firm has a market cap of $113.92 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31. The business’s 50-day moving average price is $34.00 and its 200 day moving average price is $32.74.

Schwab US Dividend Equity ETF Company 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.

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