Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Advisors Preferred LLC’s 6th Largest Position

Advisors Preferred LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 555,330 shares of the company’s stock after buying an additional 370,220 shares during the period. Schwab US Dividend Equity ETF comprises approximately 2.4% of Advisors Preferred LLC’s investment portfolio, making the stock its 6th largest holding. Advisors Preferred LLC owned approximately 0.08% of Schwab US Dividend Equity ETF worth $15,138,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 305.8% in the 4th quarter. Kingsview Wealth Management LLC now owns 422,621 shares of the company’s stock valued at $11,546,000 after purchasing an additional 318,481 shares during the last quarter. Apollon Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 210.8% in the fourth quarter. Apollon Wealth Management LLC now owns 218,320 shares of the company’s stock valued at $5,965,000 after buying an additional 148,076 shares during the last quarter. Mezzasalma Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 196.9% in the fourth quarter. Mezzasalma Advisors LLC now owns 19,289 shares of the company’s stock worth $527,000 after buying an additional 12,793 shares in the last quarter. TFG Advisers LLC boosted its position in Schwab US Dividend Equity ETF by 242.6% during the fourth quarter. TFG Advisers LLC now owns 13,390 shares of the company’s stock worth $366,000 after acquiring an additional 9,482 shares during the last quarter. Finally, Clientfirst Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $238,000.

Schwab US Dividend Equity ETF Trading Down 0.7 %

SCHD stock opened at $27.56 on Friday. The company has a market cap of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm has a 50-day moving average of $27.89 and a two-hundred day moving average of $27.97. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month 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.