Schwab US Dividend Equity ETF $SCHD Stock Acquired by Surience Private Wealth LLC

Surience Private Wealth LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 257.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,961 shares of the company’s stock after purchasing an additional 129,593 shares during the period. Schwab US Dividend Equity ETF makes up 6.0% of Surience Private Wealth LLC’s portfolio, making the stock its 4th biggest holding. Surience Private Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,854,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Summit Financial Wealth Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $63,803,000. Paradiem LLC bought a new stake in Schwab US Dividend Equity ETF in the first quarter valued at $56,258,000. Baer Investment Advisory LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the first quarter valued at about $46,847,000. Stonehearth Capital Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,481,000. Finally, Royal Bank of Canada lifted its position in Schwab US Dividend Equity ETF by 8.3% during the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after buying an additional 660,876 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.7%

Schwab US Dividend Equity ETF stock traded up $0.25 during mid-day trading on Friday, hitting $34.35. The company had a trading volume of 25,135,255 shares, compared to its average volume of 22,467,555. The stock’s 50 day moving average price is $34.01 and its two-hundred day moving average price is $32.75. The company has a market capitalization of $114.95 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31.

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.