Valmark Advisers Inc. Increases Stake in Schwab US Dividend Equity ETF $SCHD

Valmark Advisers Inc. raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,665,661 shares of the company’s stock after buying an additional 38,194 shares during the period. Schwab US Dividend Equity ETF comprises approximately 1.0% of Valmark Advisers Inc.’s portfolio, making the stock its 21st largest position. Valmark Advisers Inc. owned about 0.09% of Schwab US Dividend Equity ETF worth $81,782,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MeadowBrook Investment Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after acquiring an additional 325 shares during the last quarter. Semus Wealth Partners LLC lifted its position in Schwab US Dividend Equity ETF by 0.7% in the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after purchasing an additional 347 shares during the last quarter. Colorado Capital Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.9% during the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after purchasing an additional 362 shares during the period. First Pacific Financial grew its holdings in shares of Schwab US Dividend Equity ETF by 8.9% in the first quarter. First Pacific Financial now owns 4,681 shares of the company’s stock worth $144,000 after purchasing an additional 383 shares during the last quarter. Finally, International Private Wealth Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after buying an additional 397 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded up $0.14 during mid-day trading on Friday, hitting $32.40. The stock had a trading volume of 14,149,522 shares, compared to its average volume of 22,244,186. The business has a 50 day moving average price of $32.17 and a two-hundred day moving average price of $30.88. Schwab US Dividend Equity ETF has a 1 year low of $26.21 and a 1 year high of $32.92. The firm has a market cap of $98.40 billion, a P/E ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Company 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.