Schwab US Dividend Equity ETF $SCHD Stock Position Raised by Advisors Preferred LLC

Advisors Preferred LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 784,530 shares of the company’s stock after acquiring an additional 47,900 shares during the period. Schwab US Dividend Equity ETF accounts for about 3.6% of Advisors Preferred LLC’s investment portfolio, making the stock its 4th largest position. Advisors Preferred LLC’s holdings in Schwab US Dividend Equity ETF were worth $24,069,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Meridian Management Co. raised its position in Schwab US Dividend Equity ETF by 20.8% during the first quarter. Meridian Management Co. now owns 36,666 shares of the company’s stock worth $1,125,000 after acquiring an additional 6,305 shares during the last quarter. Sanctuary Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 83.2% in the first quarter. Sanctuary Advisors LLC now owns 911,443 shares of the company’s stock valued at $27,963,000 after purchasing an additional 414,039 shares during the last quarter. Sigma Planning Corp lifted its stake in Schwab US Dividend Equity ETF by 4.4% in the 1st quarter. Sigma Planning Corp now owns 869,867 shares of the company’s stock valued at $26,688,000 after buying an additional 36,626 shares in the last quarter. Camden National Bank lifted its stake in Schwab US Dividend Equity ETF by 10.8% in the 1st quarter. Camden National Bank now owns 171,581 shares of the company’s stock valued at $5,264,000 after buying an additional 16,663 shares in the last quarter. Finally, Members Trust Co acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $211,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $32.20 on Wednesday. The stock has a fifty day moving average of $32.19 and a two-hundred day moving average of $30.97. The company has a market capitalization of $97.99 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.21 and a fifty-two week high of $32.92.

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.