Schwab US Dividend Equity ETF $SCHD Stake Raised by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 39.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 441,825 shares of the company’s stock after acquiring an additional 124,908 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Schwab US Dividend Equity ETF were worth $11,708,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. SP Asset Management LLC raised its position in Schwab US Dividend Equity ETF by 2.5% in the second quarter. SP Asset Management LLC now owns 23,606 shares of the company’s stock worth $626,000 after acquiring an additional 577 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 3.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 15,176 shares of the company’s stock valued at $402,000 after purchasing an additional 554 shares during the period. Csenge Advisory Group increased its holdings in shares of Schwab US Dividend Equity ETF by 0.6% in the 2nd quarter. Csenge Advisory Group now owns 172,586 shares of the company’s stock valued at $4,517,000 after purchasing an additional 1,075 shares during the period. SNS Financial Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 14.0% in the 2nd quarter. SNS Financial Group LLC now owns 115,846 shares of the company’s stock valued at $3,070,000 after purchasing an additional 14,186 shares during the period. Finally, Moors & Cabot Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 33.0% in the 2nd quarter. Moors & Cabot Inc. now owns 32,215 shares of the company’s stock valued at $854,000 after buying an additional 7,994 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $26.57 on Thursday. The stock has a market cap of $68.71 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The business has a 50 day simple moving average of $27.19 and a 200 day simple moving average of $26.84. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72.

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.