HHM Wealth Advisors LLC Buys 214,249 Shares of Schwab US Dividend Equity ETF $SCHD

HHM Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,189,527 shares of the company’s stock after buying an additional 214,249 shares during the quarter. Schwab US Dividend Equity ETF comprises 16.3% of HHM Wealth Advisors LLC’s holdings, making the stock its biggest position. HHM Wealth Advisors LLC owned about 0.20% of Schwab US Dividend Equity ETF worth $137,522,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SCHD. MainStreet Investment Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 282.1% during the 2nd quarter. MainStreet Investment Advisors LLC now owns 41,360 shares of the company’s stock valued at $1,096,000 after purchasing an additional 30,535 shares during the period. Semus Wealth Partners LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 0.8% in the second quarter. Semus Wealth Partners LLC now owns 51,033 shares of the company’s stock valued at $1,352,000 after buying an additional 420 shares during the period. Synergy Investment Management LLC boosted its stake in Schwab US Dividend Equity ETF by 28.3% during the second quarter. Synergy Investment Management LLC now owns 534,058 shares of the company’s stock valued at $14,153,000 after buying an additional 117,886 shares in the last quarter. United Advisor Group LLC grew its holdings in Schwab US Dividend Equity ETF by 13.8% during the second quarter. United Advisor Group LLC now owns 65,432 shares of the company’s stock worth $1,734,000 after acquiring an additional 7,950 shares during the period. Finally, Pinnacle Wealth Planning Services Inc. raised its position in Schwab US Dividend Equity ETF by 11.9% in the second quarter. Pinnacle Wealth Planning Services Inc. now owns 15,413 shares of the company’s stock worth $408,000 after acquiring an additional 1,640 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.16 on Wednesday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The company has a market capitalization of $70.23 billion, a P/E ratio of 14.57 and a beta of 0.77. The company’s 50 day simple moving average is $27.07 and its 200 day simple moving average is $26.94.

About Schwab US Dividend Equity ETF

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.