Ausdal Financial Partners Inc. Has $29.47 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Ausdal Financial Partners Inc. cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.0% during the third quarter, HoldingsChannel.com reports. The firm owned 1,079,456 shares of the company’s stock after selling 33,262 shares during the quarter. Schwab US Dividend Equity ETF makes up 1.4% of Ausdal Financial Partners Inc.’s portfolio, making the stock its 8th biggest position. Ausdal Financial Partners Inc.’s holdings in Schwab US Dividend Equity ETF were worth $29,469,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Rakuten Investment Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $1,127,144,000. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $847,665,000. Avantax Advisory Services Inc. boosted its stake in Schwab US Dividend Equity ETF by 2.9% in the second quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock valued at $753,579,000 after acquiring an additional 796,001 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after acquiring an additional 1,217,005 shares during the last quarter. Finally, Avantax Planning Partners Inc. grew its holdings in Schwab US Dividend Equity ETF by 3.0% during the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after acquiring an additional 280,277 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $30.80 on Friday. The company has a fifty day moving average price of $30.32 and a two-hundred day moving average price of $28.35. The firm has a market capitalization of $81.01 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95.

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.