Valeo Financial Advisors LLC Boosts Stock Position in Schwab US Dividend Equity ETF $SCHD

Valeo Financial Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.7% during the third quarter, HoldingsChannel.com reports. The fund owned 116,036 shares of the company’s stock after acquiring an additional 18,320 shares during the period. Valeo Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,168,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Biltmore Family Office LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares during the last quarter. PrairieView Partners LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after acquiring an additional 467 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at $39,000. Independence Bank of Kentucky purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth $41,000. Finally, True Wealth Design LLC boosted its position in Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after buying an additional 450 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $29.37 on Wednesday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.39. The business’s 50 day simple moving average is $27.92 and its two-hundred day simple moving average is $27.43. The stock has a market capitalization of $77.10 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.