Schwab US Dividend Equity ETF $SCHD Stock Holdings Lifted by HighTower Advisors LLC

HighTower Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,684,538 shares of the company’s stock after acquiring an additional 33,472 shares during the quarter. HighTower Advisors LLC owned 0.22% of Schwab US Dividend Equity ETF worth $155,188,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. Biltmore Family Office LLC boosted its position in shares of Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the period. Independence Bank of Kentucky purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $41,000. True Wealth Design LLC boosted its position in Schwab US Dividend Equity ETF by 42.9% during the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after acquiring an additional 450 shares during the period. Total Investment Management Inc. purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter valued at about $43,000. Finally, Morton Brown Family Wealth LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 41.2% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock valued at $45,000 after purchasing an additional 477 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $31.61 on Monday. The firm has a 50 day simple moving average of $28.80 and a 200 day simple moving average of $27.76. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.77. The stock has a market cap of $83.14 billion, a P/E ratio of 14.57 and a beta of 0.77.

About Schwab US Dividend Equity ETF

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.