Kingswood Wealth Advisors LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 14.0% in the second quarter, HoldingsChannel reports. The firm owned 19,053 shares of the company’s stock after acquiring an additional 2,342 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,482,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division acquired a new position in Schwab US Dividend Equity ETF during the first quarter valued at approximately $25,000. CarsonAllaria Wealth Management Ltd. bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth $26,000. Olistico Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $28,000. Voisard Asset Management Group Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Finally, Westside Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF during the first quarter worth about $32,000.
Schwab US Dividend Equity ETF Trading Down 0.6 %
Shares of NYSEARCA:SCHD traded down $0.49 during trading on Wednesday, hitting $78.89. 3,264,001 shares of the company’s stock traded hands, compared to its average volume of 3,298,251. The company has a 50-day moving average price of $78.91 and a 200-day moving average price of $78.36. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $83.19. The company has a market cap of $55.34 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.
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.
See Also
- Five stocks we like better than Schwab US Dividend Equity ETF
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- What Are Bonds? A High-Level Overview
- Comparing and Trading High PE Ratio Stocks
- Super Micro Stock Drops Sharply After Earnings on Margin Concerns
- ESG Stocks, What Investors Should Know
- Lyft’s First-Ever Profit, but the Outlook Is a Speed Bump
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
