Schwab US Dividend Equity ETF $SCHD Shares Newly Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 191,497 shares of the company’s stock, valued at approximately $6,229,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gemmer Asset Management LLC lifted its position in Schwab US Dividend Equity ETF by 1.5% in the 2nd quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock valued at $686,000 after purchasing an additional 317 shares during the last quarter. MeadowBrook Investment Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 3.3% during the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after buying an additional 325 shares during the last quarter. FC Advisory LLC grew its holdings in Schwab US Dividend Equity ETF by 1.8% in the 3rd quarter. FC Advisory LLC now owns 19,234 shares of the company’s stock worth $626,000 after buying an additional 336 shares in the last quarter. Semus Wealth Partners LLC increased its position in Schwab US Dividend Equity ETF by 0.7% in the 1st quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after acquiring an additional 347 shares during the period. Finally, Harmony Asset Management LLC raised its stake in Schwab US Dividend Equity ETF by 3.8% during the 1st quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after acquiring an additional 354 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded up $0.29 during trading hours on Thursday, reaching $32.95. 11,551,265 shares of the company’s stock traded hands, compared to its average volume of 22,388,605. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.31. The firm has a market capitalization of $109.54 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The business’s fifty day simple moving average is $34.02 and its two-hundred day simple moving average is $32.62.

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.