Stevens Capital Partners Raises Holdings in Schwab US Dividend Equity ETF $SCHD

Stevens Capital Partners raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 36.5% in the third quarter, Holdings Channel.com reports. The fund owned 288,275 shares of the company’s stock after buying an additional 77,090 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 2.3% of Stevens Capital Partners’ holdings, making the stock its 12th largest position. Stevens Capital Partners’ holdings in Schwab US Dividend Equity ETF were worth $7,870,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. KG&L Capital Management LLC increased its position in Schwab US Dividend Equity ETF by 98.9% during the 3rd quarter. KG&L Capital Management LLC now owns 37,570 shares of the company’s stock worth $1,026,000 after purchasing an additional 18,683 shares in the last quarter. Capital Advantage Inc. lifted its position in Schwab US Dividend Equity ETF by 0.3% during the third quarter. Capital Advantage Inc. now owns 868,358 shares of the company’s stock valued at $23,706,000 after buying an additional 2,472 shares in the last quarter. D.A. Davidson & CO. grew its stake in Schwab US Dividend Equity ETF by 3.5% during the third quarter. D.A. Davidson & CO. now owns 2,187,550 shares of the company’s stock worth $59,720,000 after buying an additional 74,663 shares during the period. Ellis Investment Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after acquiring an additional 375 shares in the last quarter. Finally, O ROURKE & COMPANY Inc raised its stake in shares of Schwab US Dividend Equity ETF by 11.9% in the 3rd quarter. O ROURKE & COMPANY Inc now owns 28,300 shares of the company’s stock valued at $773,000 after acquiring an additional 3,018 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.6%

NYSEARCA:SCHD opened at $27.91 on Tuesday. The firm’s fifty day simple moving average is $27.30 and its 200 day simple moving average is $27.22. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $28.84. The firm has a market capitalization of $72.81 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.