Sigma Investment Counselors Inc. Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Sigma Investment Counselors Inc. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,203 shares of the company’s stock, valued at approximately $625,000.

A number of other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after buying an additional 354,983 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 3.5% in 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 in the last quarter. Royal Bank of Canada boosted its position 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 buying an additional 660,876 shares in the last quarter. Keystone Financial Planning Inc. grew its stake in Schwab US Dividend Equity ETF by 0.5% in the 3rd 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 during the last quarter. Finally, Keybank National Association OH grew its stake in Schwab US Dividend Equity ETF by 7.9% in the 1st quarter. Keybank National Association OH now owns 3,836,791 shares of the company’s stock valued at $117,713,000 after acquiring an additional 280,129 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.5%

NYSEARCA:SCHD opened at $35.12 on Wednesday. The firm has a 50-day moving average price of $34.09 and a two-hundred day moving average price of $32.22. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.45. The company has a market capitalization of $117.94 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.