Ameritas Advisory Services LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ameritas Advisory Services LLC boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 217.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,173,729 shares of the company’s stock after buying an additional 1,488,281 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 2.0% of Ameritas Advisory Services LLC’s holdings, making the stock its 6th largest holding. Ameritas Advisory Services LLC owned about 0.31% of Schwab US Dividend Equity ETF worth $59,386,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Edgestream Partners L.P. raised its stake in shares of Schwab US Dividend Equity ETF by 148.3% during the second quarter. Edgestream Partners L.P. now owns 9,110 shares of the company’s stock worth $708,000 after buying an additional 5,441 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 6.3% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,593 shares of the company’s stock valued at $513,000 after purchasing an additional 392 shares during the period. Hollencrest Capital Management boosted its position in shares of Schwab US Dividend Equity ETF by 536.0% in the 2nd quarter. Hollencrest Capital Management now owns 1,253 shares of the company’s stock worth $97,000 after purchasing an additional 1,056 shares during the last quarter. AE Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF by 3.8% in the second quarter. AE Wealth Management LLC now owns 96,893 shares of the company’s stock valued at $7,534,000 after purchasing an additional 3,574 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC lifted its stake in Schwab US Dividend Equity ETF by 0.5% in the second quarter. Garden State Investment Advisory Services LLC now owns 115,959 shares of the company’s stock valued at $9,122,000 after buying an additional 612 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.6 %

Schwab US Dividend Equity ETF stock opened at $27.99 on Friday. The firm has a market capitalization of $19.63 billion, a P/E ratio of 15.04 and a beta of 0.74. The business has a 50-day moving average of $28.19 and a 200-day moving average of $27.82. Schwab US Dividend Equity ETF has a 1 year low of $25.03 and a 1 year high of $29.72.

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.