Kingswood Wealth Advisors LLC Grows Position in Schwab US Dividend Equity ETF $SCHD

Kingswood Wealth Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 401.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 282,121 shares of the company’s stock after purchasing an additional 225,851 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,702,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Lederer & Associates Investment Counsel CA lifted its position in shares of Schwab US Dividend Equity ETF by 1.5% during the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after buying an additional 375 shares in the last quarter. Ellis Investment Partners LLC raised its stake in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after acquiring an additional 375 shares during the period. Madden Advisory Services Inc. raised its stake in Schwab US Dividend Equity ETF by 0.3% during the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after acquiring an additional 383 shares during the period. Harbor Group Inc. lifted its holdings in Schwab US Dividend Equity ETF by 4.8% during the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after purchasing an additional 383 shares in the last quarter. Finally, Bellevue Asset Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 1.2% in the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after purchasing an additional 389 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $27.90 on Thursday. The stock has a market cap of $72.95 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm’s fifty day moving average is $27.34 and its 200 day moving average is $27.23. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $28.84.

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.