Avidian Wealth Enterprises LLC Has $4.65 Million Stake in Schwab US Dividend Equity ETF $SCHD

Avidian Wealth Enterprises LLC boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 175,635 shares of the company’s stock after buying an additional 29,307 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,654,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Kozak & Associates Inc. grew its stake in Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares in the last quarter. Financial Management Professionals Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares in the last quarter. PrairieView Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares in the last quarter. Cooksen Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at approximately $38,000. Finally, Optimum Investment Advisors boosted its stake in shares of Schwab US Dividend Equity ETF by 57.6% in the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after purchasing an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.7%

SCHD opened at $26.99 on Tuesday. The company’s 50 day moving average is $27.36 and its 200-day moving average is $26.71. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The company has a market cap of $70.17 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.