Moran Wealth Management LLC Increases Position in Schwab US Dividend Equity ETF $SCHD

Moran Wealth Management LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.6% during the second quarter, Holdings Channel reports. The firm owned 164,167 shares of the company’s stock after buying an additional 14,435 shares during the quarter. Moran Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,350,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Opal Wealth Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth $27,000. Kozak & Associates Inc. increased its position in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after acquiring an additional 938 shares during the period. Financial Management Professionals Inc. increased its position in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after acquiring an additional 907 shares during the period. PrairieView Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after acquiring an additional 467 shares during the period. Finally, Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth $38,000.

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 twelve month low of $23.87 and a twelve month high of $29.72. The stock’s fifty day simple moving average is $27.36 and its 200-day simple moving average is $26.72. The firm has a market capitalization of $70.16 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.