Value Investment Professionals LLC Buys New Shares in Schwab US Dividend Equity ETF $SCHD

Value Investment Professionals LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 24,845 shares of the company’s stock, valued at approximately $788,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. MeadowBrook Investment Advisors LLC boosted 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 worth $312,000 after buying an additional 325 shares during the last quarter. Semus Wealth Partners LLC increased 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 during the last quarter. Harmony Asset Management LLC increased its position 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 valued at $294,000 after acquiring an additional 354 shares during the last quarter. Colorado Capital Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 0.9% during the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after acquiring an additional 362 shares in the last quarter. Finally, Commonwealth Financial Services LLC raised its holdings in 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 acquiring an additional 374 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $33.85 on Wednesday. The stock has a 50 day moving average price of $32.55 and a 200 day moving average price of $31.52. The stock has a market capitalization of $105.17 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $34.24.

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.