Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Advisors Preferred LLC

Advisors Preferred LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 555,330 shares of the company’s stock after acquiring an additional 370,220 shares during the period. Schwab US Dividend Equity ETF accounts for about 2.4% of Advisors Preferred LLC’s portfolio, making the stock its 6th largest position. Advisors Preferred LLC’s holdings in Schwab US Dividend Equity ETF were worth $15,138,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Schwab US Dividend Equity ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock valued at $132,552,000 after acquiring an additional 104,855 shares during the last quarter. GAMMA Investing LLC raised its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after acquiring an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $163,000. Synovus Financial Corp lifted its holdings in Schwab US Dividend Equity ETF by 148.1% during the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after buying an additional 25,380 shares during the last quarter. Finally, Anchor Investment Management LLC lifted its stake in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after purchasing an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.56 on Friday. The firm’s fifty day moving average price is $27.89 and its 200 day moving average price is $27.97. The company has a market capitalization of $19.33 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.

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.