Schwab US Dividend Equity ETF $SCHD is Souders Financial Advisors’ 6th Largest Position

Souders Financial Advisors lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% in the second quarter, HoldingsChannel reports. The firm owned 982,022 shares of the company’s stock after purchasing an additional 40,344 shares during the quarter. Schwab US Dividend Equity ETF accounts for 3.3% of Souders Financial Advisors’ portfolio, making the stock its 6th largest position. Souders Financial Advisors’ holdings in Schwab US Dividend Equity ETF were worth $26,024,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Kozak & Associates Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after purchasing an additional 938 shares during the last quarter. PrairieView Partners LLC boosted its position in Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares during the last quarter. Financial Management Professionals Inc. boosted its position in Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares during the last quarter. Optimum Investment Advisors boosted its position in Schwab US Dividend Equity ETF by 57.6% in the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after buying an additional 505 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $39,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $26.57 on Thursday. The company has a market cap of $68.71 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The stock has a 50 day simple moving average of $27.19 and a 200-day simple moving average of $26.84. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

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.