Schwab US Dividend Equity ETF $SCHD Shares Newly Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, HoldingsChannel reports. The fund purchased 211,626 shares of the company’s stock, valued at approximately $6,884,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHD. CPA Asset Management Group LLC lifted its stake in Schwab US Dividend Equity ETF by 21.1% in the 3rd quarter. CPA Asset Management Group LLC now owns 246,154 shares of the company’s stock worth $8,007,000 after purchasing an additional 42,852 shares in the last quarter. Santori & Peters Inc. grew its position in shares of Schwab US Dividend Equity ETF by 38.7% in the third quarter. Santori & Peters Inc. now owns 12,112 shares of the company’s stock valued at $394,000 after purchasing an additional 3,377 shares in the last quarter. Insight Wealth Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 2.9% in the third quarter. Insight Wealth Partners LLC now owns 37,788 shares of the company’s stock valued at $1,229,000 after purchasing an additional 1,078 shares in the last quarter. Verdence Capital Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 18.6% in the third quarter. Verdence Capital Advisors LLC now owns 106,517 shares of the company’s stock valued at $3,465,000 after purchasing an additional 16,713 shares during the last quarter. Finally, National Wealth Management Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 8.5% in the third quarter. National Wealth Management Group LLC now owns 7,572 shares of the company’s stock valued at $246,000 after purchasing an additional 593 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $35.09 on Thursday. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $35.45. The stock has a market cap of $118.27 billion, a PE ratio of 14.57 and a beta of 0.68. The stock has a 50 day moving average price of $34.10 and a 200 day moving average price of $32.25.

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.