Sunesis Advisors LLC Takes Position in Schwab US Dividend Equity ETF $SCHD

Sunesis Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,009 shares of the company’s stock, valued at approximately $819,000. Schwab US Dividend Equity ETF accounts for 0.4% of Sunesis Advisors LLC’s investment portfolio, making the stock its 27th largest holding.

Several other institutional investors also recently modified their holdings of SCHD. Rakuten Investment Management Inc. bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $1,127,144,000. Avantax Advisory Services Inc. boosted its stake in Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock worth $753,579,000 after purchasing an additional 796,001 shares during the period. Envestnet Asset Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after buying an additional 1,083,206 shares during the period. Osaic Holdings Inc. grew its position in Schwab US Dividend Equity ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after buying an additional 1,217,005 shares in the last quarter. Finally, Avantax Planning Partners Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after buying an additional 280,277 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $31.47 on Monday. The stock has a 50 day simple moving average of $28.42 and a two-hundred day simple moving average of $27.61. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.49. The firm has a market cap of $82.77 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.