Advisory Alpha LLC Purchases 113,841 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Advisory Alpha LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 844.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 127,329 shares of the company’s stock after purchasing an additional 113,841 shares during the quarter. Advisory Alpha LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,901,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. LPL Financial LLC boosted its holdings in Schwab US Dividend Equity ETF by 3.1% during the 2nd quarter. LPL Financial LLC now owns 11,180,518 shares of the company’s stock valued at $869,397,000 after acquiring an additional 339,256 shares during the period. Charles Schwab Investment Advisory Inc. boosted its holdings in Schwab US Dividend Equity ETF by 0.4% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 9,721,361 shares of the company’s stock valued at $783,833,000 after acquiring an additional 40,493 shares during the period. Sumitomo Life Insurance Co. boosted its holdings in Schwab US Dividend Equity ETF by 41.5% during the 2nd quarter. Sumitomo Life Insurance Co. now owns 8,940,000 shares of the company’s stock valued at $677,625,000 after acquiring an additional 2,620,000 shares during the period. Avantax Advisory Services Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.0% in the 1st quarter. Avantax Advisory Services Inc. now owns 7,775,195 shares of the company’s stock worth $626,914,000 after buying an additional 299,496 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.4% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 5,851,505 shares of the company’s stock worth $455,013,000 after buying an additional 139,020 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.3 %

Shares of SCHD stock opened at $84.54 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $85.24. The stock has a market capitalization of $59.30 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock has a fifty day simple moving average of $82.49 and a two-hundred day simple moving average of $79.83.

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.