Howe & Rusling Inc. Raises Stock Position in Schwab US Dividend Equity ETF $SCHD

Howe & Rusling Inc. grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 56.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,867 shares of the company’s stock after purchasing an additional 10,070 shares during the quarter. Howe & Rusling Inc.’s holdings in Schwab US Dividend Equity ETF were worth $738,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kozak & Associates Inc. increased 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 valued at $31,000 after buying an additional 938 shares during the period. PrairieView Partners LLC boosted its position 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 acquiring an additional 467 shares in the last quarter. Financial Management Professionals Inc. boosted its position in Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased 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 in the 1st quarter worth approximately $56,000.

Schwab US Dividend Equity ETF Stock Down 1.2%

SCHD opened at $26.62 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The stock has a market cap of $68.84 billion, a PE ratio of 14.57 and a beta of 0.77. The business has a 50 day moving average of $27.03 and a 200-day moving average of $26.93.

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.