D.A. Davidson & CO. Purchases 30,432 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

D.A. Davidson & CO. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 989,111 shares of the company’s stock after purchasing an additional 30,432 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 0.8% of D.A. Davidson & CO.’s holdings, making the stock its 22nd biggest holding. D.A. Davidson & CO. owned about 0.15% of Schwab US Dividend Equity ETF worth $71,829,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 104,751.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock worth $3,977,523,000 after buying an additional 52,604,309 shares during the period. LPL Financial LLC boosted its holdings in Schwab US Dividend Equity ETF by 6.5% in the second quarter. LPL Financial LLC now owns 10,768,565 shares of the company’s stock valued at $782,013,000 after acquiring an additional 653,862 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 14.3% in the 1st quarter. Ameriprise Financial Inc. now owns 9,805,935 shares of the company’s stock valued at $715,915,000 after purchasing an additional 1,228,836 shares during the last quarter. Charles Schwab Investment Advisory Inc. increased its position in shares of Schwab US Dividend Equity ETF by 1.1% during the second quarter. Charles Schwab Investment Advisory Inc. now owns 9,700,763 shares of the company’s stock worth $704,469,000 after buying an additional 107,042 shares during the period. Finally, Bank of America Corp DE raised its stake in Schwab US Dividend Equity ETF by 8.1% during the first quarter. Bank of America Corp DE now owns 7,757,878 shares of the company’s stock worth $567,566,000 after buying an additional 582,697 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.3 %

SCHD traded down $0.24 during trading on Tuesday, reaching $71.25. 890,874 shares of the stock traded hands, compared to its average volume of 3,226,997. The stock’s 50-day moving average is $70.45 and its 200 day moving average is $71.91. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $79.49. The stock has a market capitalization of $46.90 billion, a PE ratio of 14.38 and a beta of 0.88.

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.