Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is American Financial Advisors LLC’s 9th Largest Position

American Financial Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.0% during the 4th quarter, HoldingsChannel reports. The fund owned 1,083,103 shares of the company’s stock after purchasing an additional 724,421 shares during the period. Schwab US Dividend Equity ETF accounts for 4.2% of American Financial Advisors LLC’s portfolio, making the stock its 9th biggest position. American Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $29,590,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Alpha Financial Partners LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $1,283,000. Creative Planning increased its holdings in Schwab US Dividend Equity ETF by 1.9% in the 3rd quarter. Creative Planning now owns 1,341,298 shares of the company’s stock worth $113,380,000 after acquiring an additional 24,491 shares in the last quarter. Orgel Wealth Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 1.7% during the third quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock valued at $359,873,000 after purchasing an additional 70,852 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Schwab US Dividend Equity ETF by 59.1% in the third quarter. Stratos Wealth Partners LTD. now owns 341,754 shares of the company’s stock valued at $28,888,000 after purchasing an additional 126,919 shares during the period. Finally, Stratos Wealth Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 6.2% during the third quarter. Stratos Wealth Advisors LLC now owns 54,011 shares of the company’s stock worth $4,566,000 after purchasing an additional 3,140 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2 %

SCHD opened at $27.79 on Friday. The company has a market cap of $19.49 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The company has a 50-day moving average price of $27.72 and a 200 day moving average price of $28.00.

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.