Triton Wealth Management PLLC Buys Shares of 40,477 Schwab US Dividend Equity ETF $SCHD

Triton Wealth Management PLLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, Holdings Channel.com reports. The fund bought 40,477 shares of the company’s stock, valued at approximately $1,104,000. Schwab US Dividend Equity ETF accounts for approximately 0.5% of Triton Wealth Management PLLC’s holdings, making the stock its 26th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $27,000. Kozak & Associates Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the period. PrairieView Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares during the period. Financial Management Professionals Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares during the period. Finally, Cooksen Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $38,000.

Schwab US Dividend Equity ETF Stock 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 company has a 50 day moving average of $27.36 and a 200-day moving average of $26.72. The stock has a market capitalization of $70.16 billion, a PE 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.