International Assets Investment Management LLC Grows Stake in Schwab US Dividend Equity ETF $SCHD

International Assets Investment Management LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.6% during the second quarter, HoldingsChannel reports. The fund owned 62,074 shares of the company’s stock after buying an additional 9,748 shares during the period. International Assets Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,645,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth $1,031,129,000. LPL Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after buying an additional 2,470,706 shares during the last quarter. Wealthspire Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after buying an additional 14,410,724 shares during the last quarter. Avantax Advisory Services Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 6.3% during the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after buying an additional 1,637,300 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 0.7% during the first quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock valued at $491,196,000 after buying an additional 113,330 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $26.79 on Monday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The stock has a market capitalization of $69.65 billion, a PE ratio of 14.57 and a beta of 0.88. The business’s fifty day moving average is $27.36 and its 200 day moving average is $26.69.

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.