Sigma Investment Counselors Inc. Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Sigma Investment Counselors Inc. acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,203 shares of the company’s stock, valued at approximately $625,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. increased its position in Schwab US Dividend Equity ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after purchasing an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 3.5% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after purchasing an additional 324,778 shares during the last quarter. Royal Bank of Canada lifted its holdings in Schwab US Dividend Equity ETF by 8.3% in the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after purchasing an additional 660,876 shares in the last quarter. Keystone Financial Planning Inc. lifted its holdings in Schwab US Dividend Equity ETF by 0.5% in the 3rd quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock valued at $204,273,000 after purchasing an additional 29,169 shares in the last quarter. Finally, Keybank National Association OH lifted its holdings in Schwab US Dividend Equity ETF by 7.9% in the 1st quarter. Keybank National Association OH now owns 3,836,791 shares of the company’s stock valued at $117,713,000 after purchasing an additional 280,129 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $35.12 on Wednesday. The stock has a market capitalization of $117.94 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.45. The firm’s 50-day moving average is $34.09 and its two-hundred day moving average is $32.22.

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.