Schwab US Dividend Equity ETF $SCHD is Advisors Preferred LLC’s 7th Largest Position

Advisors Preferred LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 709,430 shares of the company’s stock after acquiring an additional 36,900 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 2.9% of Advisors Preferred LLC’s investment portfolio, making the stock its 7th biggest position. Advisors Preferred LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,531,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Biltmore Family Office LLC boosted its holdings in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the last quarter. Independence Bank of Kentucky acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $41,000. True Wealth Design LLC raised its position in shares of Schwab US Dividend Equity ETF by 42.9% during the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after buying an additional 450 shares during the period. Total Investment Management Inc. acquired a new position in Schwab US Dividend Equity ETF in the second quarter valued at approximately $43,000. Finally, Morton Brown Family Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 41.2% in the third quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock valued at $45,000 after acquiring an additional 477 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $31.61 on Friday. The stock has a 50 day moving average of $29.20 and a 200 day moving average of $27.93. The firm has a market capitalization of $83.14 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.88.

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.