Schwab US Dividend Equity ETF $SCHD Stock: Integrity Advisory Solutions LLC Grows Position

Integrity Advisory Solutions LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 173.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,544 shares of the company’s stock after purchasing an additional 31,448 shares during the quarter. Integrity Advisory Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,612,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SCHD. Envestnet Asset Management Inc. increased its position 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 purchasing an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 3.5% in 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 buying an additional 324,778 shares during the period. Royal Bank of Canada raised its holdings 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 during the period. Keystone Financial Planning Inc. raised its holdings in Schwab US Dividend Equity ETF by 0.5% in the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock valued at $204,273,000 after buying an additional 29,169 shares during the period. Finally, Kestra Advisory Services LLC lifted its position in Schwab US Dividend Equity ETF by 3.7% during the first quarter. Kestra Advisory Services LLC now owns 3,523,127 shares of the company’s stock valued at $108,090,000 after buying an additional 126,902 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.0%

Shares of SCHD stock opened at $35.55 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $36.10. The firm’s 50 day moving average price is $34.16 and its two-hundred day moving average price is $32.39. The stock has a market cap of $120.33 billion, a price-to-earnings ratio of 14.57 and a beta of 0.66.

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.