Clearstead Advisors LLC Grows Stake in Schwab US Dividend Equity ETF $SCHD

Clearstead Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 309,802 shares of the company’s stock after purchasing an additional 21,931 shares during the period. Clearstead Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,458,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SCHD. Advisory Resource Group grew its stake in Schwab US Dividend Equity ETF by 4.4% in the 2nd quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock valued at $1,577,000 after buying an additional 2,520 shares in the last quarter. First Command Advisory Services Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 7.6% during the third quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock worth $30,222,000 after acquiring an additional 77,785 shares in the last quarter. BG Investment Services Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 82.8% in the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after acquiring an additional 28,109 shares during the period. DMKC Advisory Services LLC grew its position in shares of Schwab US Dividend Equity ETF by 10.6% in the third quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock valued at $5,997,000 after purchasing an additional 20,989 shares in the last quarter. Finally, AE Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 13.2% in the second quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock valued at $8,509,000 after purchasing an additional 37,403 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $31.53 on Tuesday. The stock’s 50-day simple moving average is $29.27 and its 200 day simple moving average is $27.97. The stock has a market capitalization of $82.93 billion, a price-to-earnings 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 $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.