Spire Wealth Management Has $5.05 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Spire Wealth Management cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 190,652 shares of the company’s stock after selling 99,271 shares during the quarter. Spire Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $5,052,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in SCHD. Kingstone Capital Partners Texas LLC bought a new stake in Schwab US Dividend Equity ETF during the second quarter worth about $1,031,129,000. Wealthspire Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 95.2% in the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after acquiring an additional 14,410,724 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $132,621,000. LPL Financial LLC grew its position in Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after acquiring an additional 2,470,706 shares during the last quarter. Finally, Cresset Asset Management LLC grew its position in Schwab US Dividend Equity ETF by 37.5% during the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after acquiring an additional 2,069,007 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $26.74 on Thursday. The business has a fifty day moving average of $27.31 and a 200-day moving average of $26.80. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The firm has a market cap of $69.27 billion, a PE ratio of 14.57 and a beta of 0.77.

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.