Anchor Investment Management LLC Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Anchor Investment Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.1% in the third quarter, HoldingsChannel reports. The fund owned 38,517 shares of the company’s stock after acquiring an additional 428 shares during the period. Anchor Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,256,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its holdings in Schwab US Dividend Equity ETF by 5,259.9% during the second quarter. Strategic Financial Concepts LLC now owns 3,114,560 shares of the company’s stock valued at $242,188,000 after acquiring an additional 3,056,451 shares during the period. Wulff Hansen & CO. raised its stake in Schwab US Dividend Equity ETF by 8,405.3% during the 2nd quarter. Wulff Hansen & CO. now owns 1,455,434 shares of the company’s stock valued at $113,175,000 after purchasing an additional 1,438,322 shares during the period. Allied Investment Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 18,100.5% in the 3rd quarter. Allied Investment Advisors LLC now owns 477,398 shares of the company’s stock worth $40,354,000 after purchasing an additional 474,775 shares in the last quarter. Aptus Capital Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 164.4% in the 3rd quarter. Aptus Capital Advisors LLC now owns 616,185 shares of the company’s stock worth $52,086,000 after purchasing an additional 383,167 shares during the period. Finally, Mutual Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 208.7% during the 3rd quarter. Mutual Advisors LLC now owns 543,921 shares of the company’s stock valued at $45,978,000 after buying an additional 367,725 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.32 on Wednesday. The firm’s 50 day moving average price is $28.44 and its 200-day moving average price is $27.70. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The stock has a market cap of $19.16 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.