Inspire Advisors LLC Buys Shares of 50,266 Schwab US Dividend Equity ETF $SCHD

Inspire Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 50,266 shares of the company’s stock, valued at approximately $1,372,000.

A number of other hedge funds have also recently modified their holdings of the company. Avantax Advisory Services Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock valued at $753,579,000 after buying an additional 796,001 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after acquiring an additional 1,083,206 shares during the last quarter. Osaic Holdings Inc. grew its position in Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after acquiring an additional 1,217,005 shares during the period. Cetera Investment Advisers grew its position in Schwab US Dividend Equity ETF by 4.2% in the second quarter. Cetera Investment Advisers now owns 7,104,121 shares of the company’s stock worth $188,259,000 after acquiring an additional 285,560 shares during the period. Finally, Cerity Partners LLC increased its stake in Schwab US Dividend Equity ETF by 18.0% during the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after acquiring an additional 1,005,469 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

Shares of Schwab US Dividend Equity ETF stock opened at $28.90 on Monday. The firm has a market cap of $75.72 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.11. The business’s fifty day simple moving average is $27.64 and its 200-day simple moving average is $27.34.

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.