Schwab US Dividend Equity ETF $SCHD Shares Acquired by Moneta Group Investment Advisors LLC

Moneta Group Investment Advisors LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 674,487 shares of the company’s stock after acquiring an additional 209,546 shares during the quarter. Moneta Group Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $18,413,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Biltmore Family Office LLC raised its holdings in Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares in the last quarter. Reyes Financial Architecture Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 1,903.1% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after buying an additional 1,237 shares in the last quarter. Independence Bank of Kentucky acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $41,000. True Wealth Design LLC grew its position in shares of Schwab US Dividend Equity ETF by 42.9% in the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after buying an additional 450 shares during the last quarter. Finally, Total Investment Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $43,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $30.87 on Tuesday. The company’s fifty day moving average price is $30.38 and its 200 day moving average price is $28.37. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95. The firm has a market capitalization of $81.20 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.