Genesee Capital Advisors LLC Purchases New Holdings in Schwab US Dividend Equity ETF $SCHD

by · The Markets Daily

Genesee Capital Advisors LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 58,791 shares of the company’s stock, valued at approximately $1,912,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Summit Financial Wealth Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at about $63,803,000. Paradiem LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $56,258,000. Baer Investment Advisory LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $46,847,000. Stonehearth Capital Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $31,481,000. Finally, Hengehold Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $21,822,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock traded up $0.34 during midday trading on Tuesday, reaching $34.59. 12,842,207 shares of the company’s stock traded hands, compared to its average volume of 22,405,313. The company has a market capitalization of $115.69 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31. The business has a 50-day moving average price of $34.01 and a two-hundred day moving average price of $32.79.

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.

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