NWF Advisory Services Inc. Boosts Stock Position in Schwab US Dividend Equity ETF $SCHD

NWF Advisory Services Inc. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 55.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 210,171 shares of the company’s stock after purchasing an additional 74,951 shares during the quarter. NWF Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $5,570,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its stake in Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after buying an additional 84,262 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares during the period. Bison Wealth LLC raised its holdings in Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Schwab US Dividend Equity ETF by 46.4% during the first quarter. Russell Investments Group Ltd. now owns 33,274 shares of the company’s stock worth $930,000 after purchasing an additional 10,542 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its holdings in Schwab US Dividend Equity ETF by 46.2% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 50,115 shares of the company’s stock valued at $1,401,000 after purchasing an additional 15,829 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.68 on Monday. The stock has a market capitalization of $71.58 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The business’s 50 day moving average is $27.09 and its two-hundred day moving average is $27.11. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $28.84.

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.