HBK Sorce Advisory LLC Has $5.92 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

HBK Sorce Advisory LLC lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 76,126 shares of the company’s stock after selling 365 shares during the period. HBK Sorce Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,920,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Traynor Capital Management Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 53.6% during the 1st quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock worth $495,000 after acquiring an additional 2,142 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 332.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock valued at $1,532,000 after purchasing an additional 14,614 shares in the last quarter. Tidal Investments LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $310,000. O Shaughnessy Asset Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 576.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 11,859 shares of the company’s stock worth $956,000 after buying an additional 10,106 shares in the last quarter. Finally, Commerce Bank lifted its position in shares of Schwab US Dividend Equity ETF by 34.8% during the 4th quarter. Commerce Bank now owns 37,334 shares of the company’s stock worth $2,842,000 after buying an additional 9,636 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1 %

NYSEARCA:SCHD opened at $82.65 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $84.57. The stock’s 50-day simple moving average is $81.44 and its 200 day simple moving average is $79.36. The firm has a market capitalization of $57.98 billion, a PE ratio of 15.04 and a beta of 0.74.

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.