1,485 Shares in Schwab US Dividend Equity ETF $SCHD Acquired by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,485 shares of the company’s stock, valued at approximately $39,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC purchased a new stake in Schwab US Dividend Equity ETF in the second quarter valued at $1,031,129,000. Wealthspire Advisors LLC raised its position in Schwab US Dividend Equity ETF by 95.2% in the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after purchasing an additional 14,410,724 shares during the period. LPL Financial LLC raised its position in Schwab US Dividend Equity ETF by 6.8% in the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after purchasing an additional 2,470,706 shares during the period. Cresset Asset Management LLC raised its position in Schwab US Dividend Equity ETF by 37.5% in the first quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after purchasing an additional 2,069,007 shares during the period. Finally, Avantax Advisory Services Inc. raised its position in Schwab US Dividend Equity ETF by 6.3% in the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after purchasing an additional 1,637,300 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.3%

NYSEARCA:SCHD opened at $27.41 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The company has a market capitalization of $71.87 billion, a P/E ratio of 14.57 and a beta of 0.88. The stock’s fifty day moving average is $27.33 and its two-hundred day moving average is $26.76.

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.