Schwab US Dividend Equity ETF $SCHD Shares Bought by D.B. Root & Company LLC

D.B. Root & Company LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 212,686 shares of the company’s stock after buying an additional 16,676 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.7% of D.B. Root & Company LLC’s investment portfolio, making the stock its 10th largest position. D.B. Root & Company LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,636,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth $27,000. Kozak & Associates Inc. lifted its stake 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 acquiring an additional 938 shares in the last quarter. Financial Management Professionals Inc. lifted its stake 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 acquiring an additional 907 shares in the last quarter. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $38,000. Finally, Optimum Investment Advisors increased its position in shares of Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after purchasing an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.41 on Monday. The business has a 50-day moving average of $27.33 and a 200 day moving average of $26.75. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm has a market cap of $71.87 billion, a P/E ratio of 14.57 and a beta of 0.88.

Schwab US Dividend Equity ETF Company 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.