Mutual Advisors LLC Has $15.72 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Mutual Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 564,980 shares of the company’s stock after buying an additional 21,059 shares during the period. Schwab US Dividend Equity ETF comprises about 0.5% of Mutual Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. Mutual Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $15,723,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Personalized Indexing Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 6.3% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,593 shares of the company’s stock valued at $513,000 after buying an additional 392 shares in the last quarter. Insigneo Advisory Services LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 27.6% during the 2nd quarter. Insigneo Advisory Services LLC now owns 36,531 shares of the company’s stock valued at $2,885,000 after acquiring an additional 7,909 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of Schwab US Dividend Equity ETF by 16.7% in the 2nd quarter. Squarepoint Ops LLC now owns 51,222 shares of the company’s stock valued at $3,983,000 after acquiring an additional 7,342 shares in the last quarter. AQR Capital Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $879,000. Finally, Drucker Wealth 3.0 LLC bought a new stake in Schwab US Dividend Equity ETF during the second quarter worth approximately $271,000.

Schwab US Dividend Equity ETF Stock Down 1.1 %

NYSEARCA:SCHD opened at $27.92 on Thursday. The firm has a market cap of $19.59 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The company’s 50 day moving average is $28.15 and its 200-day moving average is $27.87.

Schwab US Dividend Equity ETF Company 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.