Concurrent Investment Advisors LLC Buys 52,223 Shares of Schwab US Dividend Equity ETF $SCHD

Concurrent Investment Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 400,330 shares of the company’s stock after buying an additional 52,223 shares during the period. Concurrent Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,694,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. MeadowBrook Investment Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.3% during the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after buying an additional 325 shares in the last quarter. Semus Wealth Partners LLC lifted its position in shares of 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 acquiring an additional 347 shares in the last quarter. Harmony Asset Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.8% in the first quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock worth $294,000 after acquiring an additional 354 shares during the period. Commonwealth Financial Services LLC grew its position in shares of Schwab US Dividend Equity ETF by 1.8% during the first quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock worth $639,000 after purchasing an additional 374 shares in the last quarter. Finally, First Pacific Financial grew its position in shares of Schwab US Dividend Equity ETF by 8.9% during 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 in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.8%

Shares of SCHD opened at $34.80 on Friday. The business’s 50 day moving average is $33.63 and its 200 day moving average is $32.25. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31. The company has a market capitalization of $108.12 billion, a PE ratio of 14.57 and a beta of 0.68.

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.