Schwab US Dividend Equity ETF $SCHD Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,981,474 shares of the company’s stock after acquiring an additional 346,077 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.12% of Schwab US Dividend Equity ETF worth $129,517,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in SCHD. Telos Capital Management Inc. bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at about $702,000. B&D White Capital Company LLC lifted its position in shares of Schwab US Dividend Equity ETF by 213.0% in the third quarter. B&D White Capital Company LLC now owns 927,427 shares of the company’s stock worth $30,169,000 after buying an additional 631,140 shares during the last quarter. Platform Technology Partners lifted its position in shares of Schwab US Dividend Equity ETF by 2.2% in the third quarter. Platform Technology Partners now owns 419,025 shares of the company’s stock worth $13,631,000 after buying an additional 9,216 shares during the last quarter. Inscription Capital LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 8.6% during the 3rd quarter. Inscription Capital LLC now owns 68,590 shares of the company’s stock worth $2,231,000 after acquiring an additional 5,408 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 26.8% during the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 17,883 shares of the company’s stock worth $582,000 after acquiring an additional 3,785 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $35.42 on Friday. The firm has a market cap of $120.43 billion, a price-to-earnings ratio of 19.09 and a beta of 0.68. The business’s 50-day simple moving average is $34.19 and its 200-day simple moving average is $32.46. Schwab US Dividend Equity ETF has a 52 week low of $26.46 and a 52 week high of $36.38.

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.