Capital Investment Advisory Services LLC Has $3.22 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Investment Advisory Services LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 189.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 117,791 shares of the company’s stock after purchasing an additional 77,137 shares during the period. Capital Investment Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,218,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Colorado Capital Management Inc. increased its position in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock valued at $980,000 after acquiring an additional 121 shares during the last quarter. Sunflower Bank N.A. raised its stake in shares of Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after purchasing an additional 185 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of Schwab US Dividend Equity ETF by 12.5% in the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock valued at $145,000 after buying an additional 191 shares in the last quarter. waypoint wealth counsel increased its holdings in Schwab US Dividend Equity ETF by 0.9% during the third quarter. waypoint wealth counsel now owns 24,844 shares of the company’s stock worth $2,100,000 after buying an additional 215 shares during the last quarter. Finally, Quent Capital LLC increased its holdings in Schwab US Dividend Equity ETF by 86.6% during the third quarter. Quent Capital LLC now owns 517 shares of the company’s stock worth $44,000 after buying an additional 240 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.01 on Thursday. The company has a fifty day moving average price of $28.08 and a two-hundred day moving average price of $27.94. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The stock has a market cap of $19.65 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.