Verus Capital Partners LLC Has $10.21 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Verus Capital Partners LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 373,926 shares of the company’s stock after buying an additional 31,231 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 0.7% of Verus Capital Partners LLC’s holdings, making the stock its 24th biggest position. Verus Capital Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,208,000 as of its most recent filing with the Securities and Exchange Commission.

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

Schwab US Dividend Equity ETF Trading Up 0.1%

SCHD opened at $31.61 on Monday. The stock’s fifty day simple moving average is $29.20 and its 200 day simple moving average is $27.93. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.88. The stock has a market cap of $83.14 billion, a PE ratio of 14.57 and a beta of 0.77.

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.