58,791 Shares of Schwab US Dividend Equity ETF $SCHD Bought by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, HoldingsChannel reports. The firm bought 58,791 shares of the company’s stock, valued at approximately $1,912,000.

A number of other large investors also recently bought and sold shares of SCHD. Envestnet Asset Management Inc. lifted its stake in Schwab US Dividend Equity ETF by 2.1% during the second quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after purchasing an additional 354,983 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 3.5% during the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after purchasing an additional 324,778 shares during the last quarter. Royal Bank of Canada increased its stake 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 purchasing an additional 660,876 shares during the last quarter. Keystone Financial Planning Inc. increased its stake in Schwab US Dividend Equity ETF by 0.5% during the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock valued at $204,273,000 after purchasing an additional 29,169 shares during the last quarter. Finally, HHM Wealth Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 2.8% during the first quarter. HHM Wealth Advisors LLC now owns 5,156,506 shares of the company’s stock worth $158,202,000 after purchasing an additional 138,225 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.0%

Shares of NYSEARCA:SCHD traded up $0.34 on Tuesday, reaching $34.59. 12,842,207 shares of the company’s stock were exchanged, compared to its average volume of 22,405,313. The business’s 50-day moving average is $34.01 and its two-hundred day moving average is $32.79. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31. The firm has a market capitalization of $115.69 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.