Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Advisory Alpha LLC

Advisory Alpha LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 844.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,329 shares of the company’s stock after buying an additional 113,841 shares during the period. Advisory Alpha LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,901,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division acquired a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at about $25,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth about $25,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in Schwab US Dividend Equity ETF during the first quarter worth about $26,000. Iron Horse Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF during the second quarter valued at approximately $26,000. Finally, PFG Private Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF during the second quarter valued at approximately $27,000.

Schwab US Dividend Equity ETF Trading Up 0.3 %

Shares of SCHD stock opened at $84.54 on Tuesday. The stock has a 50 day moving average of $82.49 and a 200 day moving average of $79.83. The stock has a market cap of $59.30 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $85.24.

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.