CPR Investments Inc. Increases Holdings in Schwab US Dividend Equity ETF $SCHD

CPR Investments Inc. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 25.9% during the second quarter, HoldingsChannel reports. The fund owned 14,018 shares of the company’s stock after buying an additional 2,886 shares during the period. CPR Investments Inc.’s holdings in Schwab US Dividend Equity ETF were worth $371,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC bought a new stake in Schwab US Dividend Equity ETF during the 2nd quarter valued at about $1,031,129,000. Wealthspire Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after buying an additional 14,410,724 shares during the last quarter. LPL Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after acquiring an additional 2,470,706 shares in the last quarter. Cresset Asset Management LLC raised its holdings in Schwab US Dividend Equity ETF by 37.5% in the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after acquiring an additional 2,069,007 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its holdings in Schwab US Dividend Equity ETF by 6.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after acquiring an additional 1,637,300 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.3%

Shares of SCHD opened at $27.41 on Monday. The company has a market cap of $71.87 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The business’s fifty day simple moving average is $27.33 and its two-hundred day simple moving average is $26.75. Schwab US Dividend Equity ETF has a 12 month low of $23.87 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.