Schwab US Dividend Equity ETF $SCHD Shares Bought by Nwam LLC

Nwam LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.9% in the second quarter, Holdings Channel reports. The institutional investor owned 188,474 shares of the company’s stock after acquiring an additional 7,012 shares during the quarter. Nwam LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,059,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. MOKAN Wealth Management Inc. lifted its stake in Schwab US Dividend Equity ETF by 4.9% during the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after acquiring an additional 6,985 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in Schwab US Dividend Equity ETF during the first quarter worth about $384,000. Elevate Wealth Advisory Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 7.4% during the first quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after purchasing an additional 3,915 shares in the last quarter. AE Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 13.2% in the second quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock valued at $8,509,000 after purchasing an additional 37,403 shares during the period. Finally, Schaeffer Financial LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.7% in the first quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock valued at $19,260,000 after purchasing an additional 24,751 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.2%

Shares of SCHD opened at $26.77 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm’s 50 day moving average price is $27.12 and its 200 day moving average price is $26.88. The company has a market cap of $69.22 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.