Schwab US Dividend Equity ETF $SCHD Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 90.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 407,347 shares of the company’s stock after acquiring an additional 193,419 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,121,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Bfsg LLC boosted its stake in Schwab US Dividend Equity ETF by 6.1% in the 3rd quarter. Bfsg LLC now owns 158,575 shares of the company’s stock worth $4,329,000 after buying an additional 9,159 shares during the last quarter. Evergreen Capital Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 32.8% during the 3rd quarter. Evergreen Capital Management LLC now owns 26,501 shares of the company’s stock worth $723,000 after acquiring an additional 6,544 shares during the period. Lodestar Private Asset Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 4.6% in the third quarter. Lodestar Private Asset Management LLC now owns 1,228,111 shares of the company’s stock worth $33,527,000 after acquiring an additional 53,862 shares during the last quarter. Scott & Selber Inc. grew its holdings in Schwab US Dividend Equity ETF by 3.5% in the third quarter. Scott & Selber Inc. now owns 100,618 shares of the company’s stock valued at $2,729,000 after purchasing an additional 3,394 shares during the period. Finally, MRWM Advisors LLC increased its position in Schwab US Dividend Equity ETF by 16.8% during the third quarter. MRWM Advisors LLC now owns 290,508 shares of the company’s stock worth $7,931,000 after purchasing an additional 41,680 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

Shares of NYSEARCA SCHD opened at $28.90 on Monday. The stock has a market capitalization of $75.72 billion, a PE ratio of 14.57 and a beta of 0.77. The firm has a fifty day moving average of $27.64 and a 200-day moving average of $27.34. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.11.

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.