Schwab US Dividend Equity ETF $SCHD Stake Boosted by Courage Miller Partners LLC

Courage Miller Partners LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 446,482 shares of the company’s stock after buying an additional 17,934 shares during the period. Schwab US Dividend Equity ETF makes up 3.8% of Courage Miller Partners LLC’s holdings, making the stock its 8th biggest position. Courage Miller Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,832,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHD. Kingstone Capital Partners Texas LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter worth about $1,031,129,000. Wealthspire Advisors LLC lifted its stake in shares of 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 worth $826,353,000 after buying an additional 14,410,724 shares in the last quarter. RMG Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter worth about $132,621,000. LPL Financial LLC lifted its stake in shares of 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 worth $1,084,442,000 after buying an additional 2,470,706 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its stake in shares of 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 worth $212,001,000 after buying an additional 2,069,007 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.7%

NYSEARCA:SCHD opened at $26.54 on Monday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market cap of $69.30 billion, a P/E ratio of 14.57 and a beta of 0.88. The company’s 50-day moving average price is $27.36 and its 200-day moving average price is $26.73.

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.