Cambridge Investment Research Advisors Inc. Grows Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cambridge Investment Research Advisors Inc. increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,117,744 shares of the company’s stock after buying an additional 92,046 shares during the period. Schwab US Dividend Equity ETF comprises approximately 0.7% of Cambridge Investment Research Advisors Inc.’s holdings, making the stock its 13th largest holding. Cambridge Investment Research Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $153,791,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Townsend Asset Management Corp NC ADV increased its stake in shares of Schwab US Dividend Equity ETF by 0.6% during the first quarter. Townsend Asset Management Corp NC ADV now owns 24,293 shares of the company’s stock valued at $1,777,000 after buying an additional 139 shares during the period. Sound Income Strategies LLC boosted its position in Schwab US Dividend Equity ETF by 11.1% during the second quarter. Sound Income Strategies LLC now owns 1,424 shares of the company’s stock valued at $103,000 after purchasing an additional 142 shares in the last quarter. Coombe Bender & Co LLC boosted its position in Schwab US Dividend Equity ETF by 1.3% during the first quarter. Coombe Bender & Co LLC now owns 11,032 shares of the company’s stock valued at $807,000 after purchasing an additional 143 shares in the last quarter. SVB Wealth LLC boosted its position in Schwab US Dividend Equity ETF by 0.6% during the first quarter. SVB Wealth LLC now owns 23,813 shares of the company’s stock valued at $1,878,000 after purchasing an additional 145 shares in the last quarter. Finally, BerganKDV Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 0.5% during the first quarter. BerganKDV Wealth Management LLC now owns 27,205 shares of the company’s stock valued at $1,990,000 after purchasing an additional 148 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock traded down $0.41 during trading on Tuesday, reaching $73.21. 1,330,052 shares of the company traded hands, compared to its average volume of 3,126,350. Schwab US Dividend Equity ETF has a 12 month low of $65.96 and a 12 month high of $79.49. The business has a 50 day simple moving average of $74.14 and a 200 day simple moving average of $72.66. The company has a market capitalization of $48.19 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88.

Schwab US Dividend Equity ETF 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.