MainStreet Investment Advisors LLC Has $1.85 Million Stake in Schwab US Dividend Equity ETF $SCHD

MainStreet Investment Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 63.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,610 shares of the company’s stock after buying an additional 26,250 shares during the quarter. MainStreet Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,846,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHD. Ellis Investment Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after acquiring an additional 375 shares in the last quarter. Harbor Group Inc. boosted its stake in Schwab US Dividend Equity ETF by 4.8% in the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after purchasing an additional 383 shares during the period. Westside Investment Management Inc. increased its holdings in Schwab US Dividend Equity ETF by 5.6% during the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after purchasing an additional 383 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in Schwab US Dividend Equity ETF by 3.4% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock worth $339,000 after purchasing an additional 402 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock valued at $394,000 after purchasing an additional 410 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $31.61 on Monday. The firm has a market cap of $83.14 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The stock’s 50-day moving average is $29.20 and its 200-day moving average is $27.93. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.88.

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.