Schwab US Dividend Equity ETF $SCHD Stock Purchased by Parallel Advisors LLC

Parallel Advisors LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 4.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 464,630 shares of the company’s stock after acquiring an additional 18,516 shares during the quarter. Parallel Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $15,114,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Rakuten Investment Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 7.5% in the 3rd quarter. Rakuten Investment Management Inc. now owns 50,684,634 shares of the company’s stock valued at $1,664,990,000 after purchasing an additional 3,545,800 shares during the period. Envestnet Asset Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after buying an additional 354,983 shares during the period. Commonwealth Equity Services LLC acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $337,510,000. Cassaday & Co Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 3.5% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after buying an additional 324,778 shares during the period. Finally, Royal Bank of Canada lifted its stake in Schwab US Dividend Equity ETF by 8.3% in 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 in the last quarter.

Schwab US Dividend Equity ETF News Summary

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

Schwab US Dividend Equity ETF Price Performance

SCHD traded down $0.25 during trading on Friday, reaching $35.17. The company had a trading volume of 28,425,670 shares, compared to its average volume of 22,656,920. The company has a market cap of $119.41 billion, a P/E ratio of 19.09 and a beta of 0.66. Schwab US Dividend Equity ETF has a 12 month low of $26.49 and a 12 month high of $36.38. The business’s fifty day moving average price is $34.19 and its 200 day moving average price is $32.49.

Schwab US Dividend Equity ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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