Capital Investment Advisors LLC Has $3.62 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Capital Investment Advisors LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 132,544 shares of the company’s stock after selling 34,032 shares during the quarter. Capital Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,618,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Lederer & Associates Investment Counsel CA grew its stake in shares of Schwab US Dividend Equity ETF by 1.5% in the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock worth $667,000 after acquiring an additional 375 shares during the last quarter. Ellis Investment Partners LLC grew its position in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after purchasing an additional 375 shares during the last quarter. Madden Advisory Services Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 0.3% during the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after purchasing an additional 383 shares during the period. Harbor Group Inc. raised its position in shares of Schwab US Dividend Equity ETF by 4.8% during the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after buying an additional 383 shares during the last quarter. Finally, Bellevue Asset Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 1.2% in the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after buying an additional 389 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.5%

SCHD stock opened at $28.55 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $28.84. The company has a market cap of $74.65 billion, a PE ratio of 14.57 and a beta of 0.77. The business’s 50-day simple moving average is $27.41 and its 200 day simple moving average is $27.26.

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.