Sunbelt Securities Inc. Raises Holdings in Schwab US Dividend Equity ETF $SCHD

Sunbelt Securities Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 489,396 shares of the company’s stock after acquiring an additional 61,053 shares during the quarter. Schwab US Dividend Equity ETF makes up 0.9% of Sunbelt Securities Inc.’s investment portfolio, making the stock its 16th largest position. Sunbelt Securities Inc.’s holdings in Schwab US Dividend Equity ETF were worth $13,361,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Biltmore Family Office LLC raised its stake in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares during the period. Triumph Capital Management bought a new position in Schwab US Dividend Equity ETF during the third quarter worth about $33,000. Reyes Financial Architecture Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $36,000. Finally, Independence Bank of Kentucky bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $41,000.

Schwab US Dividend Equity ETF Trading Up 0.3%

Shares of SCHD stock opened at $30.95 on Wednesday. The stock has a market capitalization of $81.41 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm’s 50 day moving average is $30.43 and its 200 day moving average is $28.39. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95.

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.