Ausdal Financial Partners Inc. Has $28.25 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ausdal Financial Partners Inc. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 311.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 biggest holding. Ausdal Financial Partners Inc.’s holdings in Schwab US Dividend Equity ETF were worth $28,251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Central Pacific Bank Trust Division boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC boosted its position in shares of Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after purchasing an additional 777 shares during the period. PFG Private Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares in the last quarter. Finally, IFS Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.9 %

SCHD stock opened at $27.84 on Wednesday. The firm has a 50-day moving average of $27.98 and a two-hundred day moving average of $28.14. The firm has a market capitalization of $69.04 billion, a PE ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one 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.