Schwab US Dividend Equity ETF $SCHD Stock: Serenity Investment Advisors Raises Position

Serenity Investment Advisors grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 81.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,215 shares of the company’s stock after purchasing an additional 28,907 shares during the period. Schwab US Dividend Equity ETF comprises about 1.0% of Serenity Investment Advisors’ investment portfolio, making the stock its 22nd biggest holding. Serenity Investment Advisors’ holdings in Schwab US Dividend Equity ETF were worth $2,089,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Byrne Asset Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at $26,000. Livelsberger Financial Advisory purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at $28,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter valued at $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at $32,000. Finally, Signature Resources Capital Management LLC increased its holdings in Schwab US Dividend Equity ETF by 53.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after buying an additional 500 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $35.55 on Wednesday. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $36.10. The stock has a 50-day moving average of $34.16 and a 200 day moving average of $32.39. The company has a market capitalization of $120.33 billion, a price-to-earnings ratio of 14.57 and a beta of 0.66.

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.