SRS Capital Advisors Inc. Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

SRS Capital Advisors Inc. boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,098 shares of the company’s stock after purchasing an additional 239 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $5,413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Raleigh Capital Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $28,000. Bear Mountain Capital Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $34,000. Howe & Rusling Inc. raised its position in shares of Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after buying an additional 344 shares in the last quarter. Carmel Capital Partners LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $39,000. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $44,000.

Schwab US Dividend Equity ETF Trading Up 0.3 %

Shares of Schwab US Dividend Equity ETF stock traded up $0.25 on Thursday, hitting $77.14. 1,755,352 shares of the company traded hands, compared to its average volume of 3,570,586. The company has a market cap of $53.96 billion, a P/E ratio of 14.82 and a beta of 0.77. The firm’s 50-day simple moving average is $78.32 and its 200 day simple moving average is $75.37. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82.

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.