Sunbelt Securities Inc. Buys 7,532 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sunbelt Securities Inc. raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 6.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 117,507 shares of the company’s stock after purchasing an additional 7,532 shares during the period. Schwab US Dividend Equity ETF makes up 0.9% of Sunbelt Securities Inc.’s portfolio, making the stock its 14th biggest position. Sunbelt Securities Inc.’s holdings in Schwab US Dividend Equity ETF were worth $9,137,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Central Pacific Bank Trust Division bought a new stake in Schwab US Dividend Equity ETF during the first quarter valued at approximately $25,000. Financial Gravity Asset Management Inc. bought a new stake in Schwab US Dividend Equity ETF during the second quarter valued at approximately $25,000. CarsonAllaria Wealth Management Ltd. bought a new stake in Schwab US Dividend Equity ETF during the first quarter valued at approximately $26,000. Iron Horse Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF during the second quarter valued at approximately $26,000. Finally, PFG Private Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF during the second quarter valued at approximately $27,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $84.26 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $85.24. The firm has a market cap of $59.11 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a 50 day simple moving average of $82.49 and a two-hundred day simple moving average of $79.83.

About Schwab US Dividend Equity ETF

(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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Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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