Clearstead Advisors LLC Purchases 5,439 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Clearstead Advisors LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Get Rating) by 129.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 9,631 shares of the company’s stock after acquiring an additional 5,439 shares during the period. Clearstead Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $640,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Fortune 45 LLC raised its stake in shares of Schwab US Dividend Equity ETF by 3.6% during the 1st quarter. Fortune 45 LLC now owns 82,847 shares of the company’s stock worth $6,535,000 after purchasing an additional 2,904 shares in the last quarter. United Bank raised its stake in shares of Schwab US Dividend Equity ETF by 7.6% during the 1st quarter. United Bank now owns 47,346 shares of the company’s stock worth $3,735,000 after purchasing an additional 3,357 shares in the last quarter. MAS Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 32.9% during the 1st quarter. MAS Advisors LLC now owns 38,659 shares of the company’s stock worth $3,087,000 after purchasing an additional 9,564 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Schwab US Dividend Equity ETF by 10.0% during the 1st quarter. Bank of New York Mellon Corp now owns 29,004 shares of the company’s stock worth $2,288,000 after purchasing an additional 2,629 shares in the last quarter. Finally, Citigroup Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 53.4% during the 1st quarter. Citigroup Inc. now owns 50,347 shares of the company’s stock worth $3,972,000 after purchasing an additional 17,526 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.9 %

Shares of Schwab US Dividend Equity ETF stock opened at $71.56 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $65.96 and a 12-month high of $81.01. The stock has a market cap of $43.50 billion, a P/E ratio of 14.38 and a beta of 0.90. The business’s 50 day moving average is $76.02 and its 200-day moving average is $74.26.

Schwab US Dividend Equity ETF Company Profile

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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.