Schwab US Dividend Equity ETF $SCHD Shares Acquired by Stevens Capital Partners

Stevens Capital Partners raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 26.9% during the third quarter, HoldingsChannel.com reports. The firm owned 418,286 shares of the company’s stock after buying an additional 88,717 shares during the period. Schwab US Dividend Equity ETF accounts for 2.4% of Stevens Capital Partners’ portfolio, making the stock its 10th biggest position. Stevens Capital Partners’ holdings in Schwab US Dividend Equity ETF were worth $13,607,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vise Technologies Inc. lifted its position in Schwab US Dividend Equity ETF by 91.2% during the 3rd quarter. Vise Technologies Inc. now owns 205,968 shares of the company’s stock worth $6,700,000 after acquiring an additional 98,216 shares during the period. MGO One Seven LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 2.0% in the third quarter. MGO One Seven LLC now owns 804,893 shares of the company’s stock valued at $26,183,000 after purchasing an additional 15,420 shares during the period. Sagace Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.3% in the third quarter. Sagace Wealth Management LLC now owns 55,312 shares of the company’s stock valued at $1,799,000 after purchasing an additional 719 shares during the period. Aprio Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 55.9% in the third quarter. Aprio Wealth Management LLC now owns 137,482 shares of the company’s stock valued at $4,472,000 after purchasing an additional 49,274 shares during the period. Finally, Fusion Capital LLC raised its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the third quarter. Fusion Capital LLC now owns 33,469 shares of the company’s stock worth $1,089,000 after purchasing an additional 1,072 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.5%

Schwab US Dividend Equity ETF stock opened at $35.78 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $36.10. The company has a market capitalization of $120.80 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock has a 50-day moving average price of $34.13 and a 200 day moving average price of $32.32.

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.