886,532 Shares in Schwab US Dividend Equity ETF $SCHD Acquired by Sigma Planning Corp

Sigma Planning Corp purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 886,532 shares of the company’s stock, valued at approximately $28,839,000. Schwab US Dividend Equity ETF makes up approximately 0.7% of Sigma Planning Corp’s portfolio, making the stock its 15th largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after purchasing an additional 354,983 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.5% in the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after buying an additional 324,778 shares during the period. Royal Bank of Canada lifted its position in shares of Schwab US Dividend Equity ETF by 8.3% in the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after acquiring an additional 660,876 shares during the period. Keystone Financial Planning Inc. boosted its stake in Schwab US Dividend Equity ETF by 0.5% during the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after buying an additional 29,169 shares in the last quarter. Finally, Keybank National Association OH boosted its position in shares of Schwab US Dividend Equity ETF by 7.9% during the 1st quarter. Keybank National Association OH now owns 3,836,791 shares of the company’s stock valued at $117,713,000 after acquiring an additional 280,129 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $35.27 on Monday. The stock’s 50 day moving average is $34.07 and its two-hundred day moving average is $32.92. The company has a market capitalization of $118.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.45.

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.