Schwab US Dividend Equity ETF $SCHD is Cassaday & Co Wealth Management LLC’s 6th Largest Position

Cassaday & Co Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,073,520 shares of the company’s stock after buying an additional 150,965 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 3.8% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Cassaday & Co Wealth Management LLC owned approximately 0.23% of Schwab US Dividend Equity ETF worth $165,807,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Advisory Resource Group grew its holdings in shares of Schwab US Dividend Equity ETF by 4.4% in the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after purchasing an additional 2,520 shares during the last quarter. First Command Advisory Services Inc. boosted its position in Schwab US Dividend Equity ETF by 7.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock valued at $30,222,000 after buying an additional 77,785 shares during the period. BG Investment Services Inc. boosted its position in Schwab US Dividend Equity ETF by 82.8% during the 3rd quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock valued at $1,695,000 after buying an additional 28,109 shares during the period. DMKC Advisory Services LLC grew its holdings in Schwab US Dividend Equity ETF by 10.6% in the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after acquiring an additional 20,989 shares during the last quarter. Finally, Insight Inv LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $682,000.

Schwab US Dividend Equity ETF Trading Up 0.9%

Shares of NYSEARCA:SCHD opened at $31.61 on Tuesday. The company has a 50-day moving average price of $28.88 and a 200-day moving average price of $27.79. The company has a market cap 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 12 month low of $23.87 and a 12 month high of $31.77.

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.