Schwab US Dividend Equity ETF $SCHD Stock: Verdence Capital Advisors LLC Increases Holdings

Verdence Capital Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,517 shares of the company’s stock after acquiring an additional 16,713 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,465,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. National Wealth Management Group LLC grew its position in Schwab US Dividend Equity ETF by 8.5% during the third quarter. National Wealth Management Group LLC now owns 7,572 shares of the company’s stock worth $246,000 after buying an additional 593 shares in the last quarter. Flagship Harbor Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 247,392 shares of the company’s stock worth $8,048,000 after purchasing an additional 2,621 shares in the last quarter. Patton Albertson Miller Group LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $500,000. Sage Investment Counsel LLC increased its position in shares of Schwab US Dividend Equity ETF by 11.1% during the third quarter. Sage Investment Counsel LLC now owns 16,265 shares of the company’s stock valued at $529,000 after purchasing an additional 1,630 shares during the period. Finally, CPR Investments Inc. increased its position in shares of Schwab US Dividend Equity ETF by 5.4% during the third quarter. CPR Investments Inc. now owns 9,397 shares of the company’s stock valued at $306,000 after purchasing an additional 479 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.5%

Shares of NYSEARCA SCHD opened at $35.12 on Wednesday. The business has a fifty day simple moving average of $34.09 and a 200 day simple moving average of $32.22. The firm has a market capitalization of $117.94 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $35.45.

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.