Weitzel Financial Services Inc. Has $14.31 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Weitzel Financial Services Inc. grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 184,835 shares of the company’s stock after purchasing an additional 3,840 shares during the period. Schwab US Dividend Equity ETF comprises 7.1% of Weitzel Financial Services Inc.’s holdings, making the stock its 3rd largest holding. Weitzel Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $14,308,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Charles Schwab Investment Advisory Inc. grew its position in Schwab US Dividend Equity ETF by 0.4% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 9,721,361 shares of the company’s stock worth $783,833,000 after buying an additional 40,493 shares in the last quarter. Sumitomo Life Insurance Co. lifted its position in shares of Schwab US Dividend Equity ETF by 41.5% during the 2nd quarter. Sumitomo Life Insurance Co. now owns 8,940,000 shares of the company’s stock valued at $677,625,000 after acquiring an additional 2,620,000 shares during the period. Avantax Advisory Services Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 4.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 7,775,195 shares of the company’s stock valued at $626,914,000 after acquiring an additional 299,496 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 2.4% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 5,851,505 shares of the company’s stock worth $455,013,000 after purchasing an additional 139,020 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of Schwab US Dividend Equity ETF by 7.1% in the first quarter. Commonwealth Equity Services LLC now owns 4,444,733 shares of the company’s stock worth $358,379,000 after purchasing an additional 292,782 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.9 %

SCHD stock opened at $82.00 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $84.57. The business has a 50-day simple moving average of $81.00 and a 200 day simple moving average of $79.22. The company has a market cap of $57.52 billion, a PE ratio of 15.04 and a beta of 0.74.

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.