Wealth Alliance LLC Purchases 3,655 Shares of Schwab US Dividend Equity ETF $SCHD

Wealth Alliance LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% during the second quarter, HoldingsChannel.com reports. The firm owned 33,692 shares of the company’s stock after acquiring an additional 3,655 shares during the quarter. Wealth Alliance LLC’s holdings in Schwab US Dividend Equity ETF were worth $893,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Kozak & Associates Inc. grew its position in 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 valued at $31,000 after acquiring an additional 938 shares during the last quarter. Financial Management Professionals Inc. lifted its stake in Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after acquiring an additional 907 shares in the last quarter. PrairieView Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares in the last quarter. 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. Finally, Keystone Global Partners LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth about $56,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock traded up $0.26 during mid-day trading on Thursday, reaching $27.45. 2,540,773 shares of the stock traded hands, compared to its average volume of 16,714,355. The stock has a market capitalization of $70.97 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The business’s 50-day moving average is $27.10 and its 200-day moving average is $26.89.

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.