Schwab US Dividend Equity ETF $SCHD Shares Acquired by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 472,256 shares of the company’s stock after purchasing an additional 62,425 shares during the period. Schwab US Dividend Equity ETF comprises 1.3% of Mayflower Financial Advisors LLC’s holdings, making the stock its 10th largest holding. Mayflower Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,892,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $1,031,129,000. Avantax Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock worth $753,579,000 after acquiring an additional 796,001 shares during the period. Envestnet Asset Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after acquiring an additional 1,083,206 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,067,607 shares of the company’s stock valued at $330,049,000 after acquiring an additional 412,988 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after purchasing an additional 1,217,005 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.64 on Friday. The stock has a market capitalization of $71.47 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock’s fifty day moving average is $27.23 and its 200 day moving average is $27.18. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $28.84.

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.