2,459,209 Shares in Schwab US Dividend Equity ETF $SCHD Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,459,209 shares of the company’s stock, valued at approximately $79,998,000. D.A. Davidson & CO. owned about 0.07% of Schwab US Dividend Equity ETF at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SCHD. Envestnet Asset Management Inc. increased its stake in Schwab US Dividend Equity ETF by 2.1% in the 2nd 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 Schwab US Dividend Equity ETF by 3.5% during the 1st 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 last quarter. Royal Bank of Canada lifted its stake in shares of Schwab US Dividend Equity ETF by 8.3% in the 1st 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. boosted its holdings 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 valued at $204,273,000 after acquiring an additional 29,169 shares in the last quarter. Finally, Keybank National Association OH increased its stake in shares of Schwab US Dividend Equity ETF by 7.9% during the first quarter. Keybank National Association OH now owns 3,836,791 shares of the company’s stock worth $117,713,000 after acquiring an additional 280,129 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.1%

Shares of Schwab US Dividend Equity ETF stock opened at $35.09 on Thursday. The firm has a market cap of $118.27 billion, a price-to-earnings 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 $35.45. The company’s 50-day simple moving average is $34.10 and its 200-day simple moving average is $32.25.

Schwab US Dividend Equity ETF 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.