Capital Investment Advisors LLC Acquires 40,510 Shares of Schwab US Dividend Equity ETF $SCHD

Capital Investment Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 32.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,576 shares of the company’s stock after acquiring an additional 40,510 shares during the period. Capital Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,414,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Kingstone Capital Partners Texas LLC bought a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $1,031,129,000. LPL Financial LLC lifted its holdings in Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after buying an additional 2,470,706 shares in the last quarter. Wealthspire Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 95.2% during the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after buying an additional 14,410,724 shares in the last quarter. Avantax Advisory Services Inc. lifted its holdings in Schwab US Dividend Equity ETF by 6.3% during the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after buying an additional 1,637,300 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock worth $491,196,000 after buying an additional 113,330 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.30 on Wednesday. The stock’s fifty day moving average price is $27.33 and its two-hundred day moving average price is $26.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The company has a market cap of $71.21 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

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.