Schwab US Dividend Equity ETF $SCHD Shares Acquired by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 106,517 shares of the company’s stock after acquiring an additional 16,713 shares during the period. Verdence Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,465,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Vanguard Capital Wealth Advisors lifted its holdings in Schwab US Dividend Equity ETF by 0.8% during the 3rd quarter. Vanguard Capital Wealth Advisors now owns 38,880 shares of the company’s stock valued at $1,265,000 after purchasing an additional 296 shares during the last quarter. Wealth Management Partners LLC boosted its position in Schwab US Dividend Equity ETF by 1.7% in the third quarter. Wealth Management Partners LLC now owns 18,307 shares of the company’s stock valued at $596,000 after buying an additional 300 shares in the last quarter. Triumph Capital Management boosted its position in Schwab US Dividend Equity ETF by 14.6% in the third quarter. Triumph Capital Management now owns 2,389 shares of the company’s stock valued at $78,000 after buying an additional 305 shares in the last quarter. Gemmer Asset Management LLC boosted its position in Schwab US Dividend Equity ETF by 1.5% in the second quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock valued at $686,000 after buying an additional 317 shares in the last quarter. Finally, FC Advisory LLC grew its stake in Schwab US Dividend Equity ETF by 1.8% during the third quarter. FC Advisory LLC now owns 19,234 shares of the company’s stock worth $626,000 after buying an additional 336 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.5%

NYSEARCA SCHD opened at $35.12 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.45. The company has a 50 day moving average of $34.09 and a 200-day moving average of $32.22. The firm has a market cap of $117.94 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.