Delta Investment Management LLC Acquires 710 Shares of Schwab US Dividend Equity ETF $SCHD

Delta Investment Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,695 shares of the company’s stock after acquiring an additional 710 shares during the quarter. Delta Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $243,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. Opal Wealth Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $27,000. Cooksen Wealth LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $38,000. 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 during the last quarter. MTM Investment Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $40,000. Finally, Westside Investment Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 3,666.7% in the 1st quarter. Westside Investment Management Inc. now owns 1,469 shares of the company’s stock valued at $41,000 after purchasing an additional 1,430 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.87 on Thursday. The firm’s fifty day moving average is $27.08 and its 200-day moving average is $26.87. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The firm has a market cap of $72.69 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.