PUREfi Wealth LLC Purchases New Position in Schwab US Dividend Equity ETF $SCHD

PUREfi Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,600 shares of the company’s stock, valued at approximately $254,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $27,000. Kozak & Associates Inc. lifted its holdings in Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares during the last quarter. Financial Management Professionals Inc. lifted its holdings in Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the last quarter. Cooksen Wealth LLC bought a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $38,000. Finally, Optimum Investment Advisors raised its stake in shares of Schwab US Dividend Equity ETF by 57.6% in the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after acquiring an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.3%

Shares of NYSEARCA SCHD opened at $27.41 on Monday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The company has a market cap of $71.87 billion, a PE ratio of 14.57 and a beta of 0.88. The company has a 50-day moving average of $27.33 and a two-hundred day moving average of $26.75.

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.