32,877 Shares in Schwab US Dividend Equity ETF $SCHD Purchased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 32,877 shares of the company’s stock, valued at approximately $871,000.

Several other institutional investors have also recently made changes to their positions in the company. Concord Asset Management LLC VA increased its holdings in Schwab US Dividend Equity ETF by 67.1% in the 2nd quarter. Concord Asset Management LLC VA now owns 131,432 shares of the company’s stock worth $3,483,000 after buying an additional 52,797 shares in the last quarter. Total Clarity Wealth Management Inc. bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth $3,096,000. Courage Miller Partners LLC boosted its position in shares of Schwab US Dividend Equity ETF by 4.2% during the second quarter. Courage Miller Partners LLC now owns 446,482 shares of the company’s stock worth $11,832,000 after acquiring an additional 17,934 shares during the last quarter. Lion Street Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 13.2% during the second quarter. Lion Street Advisors LLC now owns 267,754 shares of the company’s stock valued at $7,096,000 after buying an additional 31,227 shares during the last quarter. Finally, Charles Schwab Trust Bank lifted its position in Schwab US Dividend Equity ETF by 24.0% during the second quarter. Charles Schwab Trust Bank now owns 3,580,367 shares of the company’s stock valued at $94,880,000 after purchasing an additional 693,829 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.9%

Schwab US Dividend Equity ETF stock opened at $26.87 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The firm has a market capitalization of $70.16 billion, a PE ratio of 14.57 and a beta of 0.88. The firm has a 50-day moving average price of $27.36 and a 200-day moving average price of $26.72.

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.