Ausdal Financial Partners Inc. Buys 782,543 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ausdal Financial Partners Inc. grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 311.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,034,080 shares of the company’s stock after acquiring an additional 782,543 shares during the quarter. Schwab US Dividend Equity ETF comprises about 2.4% of Ausdal Financial Partners Inc.’s investment portfolio, making the stock its 4th largest holding. Ausdal Financial Partners Inc. owned about 0.15% of Schwab US Dividend Equity ETF worth $28,251,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SCHD. Financial Engines Advisors L.L.C. grew its holdings in Schwab US Dividend Equity ETF by 328.8% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 38,659 shares of the company’s stock worth $1,056,000 after buying an additional 29,643 shares in the last quarter. Financial Counselors Inc. boosted its position in Schwab US Dividend Equity ETF by 225.4% during the 4th quarter. Financial Counselors Inc. now owns 474,594 shares of the company’s stock worth $12,966,000 after acquiring an additional 328,727 shares during the period. UNIVEST FINANCIAL Corp boosted its position in Schwab US Dividend Equity ETF by 219.1% during the 4th quarter. UNIVEST FINANCIAL Corp now owns 10,446 shares of the company’s stock worth $285,000 after acquiring an additional 7,172 shares during the period. Journey Beyond Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $5,008,000. Finally, BG Investment Services Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $234,000.

Schwab US Dividend Equity ETF Stock Down 0.9 %

SCHD stock opened at $27.84 on Wednesday. The company has a market capitalization of $69.04 billion, a P/E ratio of 17.56 and a beta of 0.86. The company has a 50-day simple moving average of $27.98 and a 200 day simple moving average of $28.14. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72.

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.