Schwab US Dividend Equity ETF $SCHD Stock Purchased by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 94.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,668 shares of the company’s stock after purchasing an additional 38,730 shares during the period. Schwab US Dividend Equity ETF comprises approximately 1.2% of Guardian Asset Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Guardian Asset Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,592,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Byrne Asset Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth about $26,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $32,000. Signature Resources Capital Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 53.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock valued at $44,000 after buying an additional 500 shares during the period. Finally, Hanson & Doremus Investment Management lifted its holdings in shares of Schwab US Dividend Equity ETF by 35.7% in the 1st quarter. Hanson & Doremus Investment Management now owns 2,001 shares of the company’s stock valued at $61,000 after buying an additional 526 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.7%

Shares of SCHD opened at $34.35 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31. The company has a market capitalization of $114.95 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock’s 50-day moving average price is $34.01 and its 200-day moving average price is $32.75.

About Schwab US Dividend Equity ETF

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.