Value Investment Professionals LLC Purchases Shares of 24,845 Schwab US Dividend Equity ETF $SCHD

Value Investment Professionals LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 24,845 shares of the company’s stock, valued at approximately $788,000.

Other institutional investors also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. lifted its stake in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $25,000. Field & Main Bank acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $29,000. Dynamic Wealth Strategies LLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Ashton Thomas Securities LLC bought a new stake in Schwab US Dividend Equity ETF in the first quarter valued at approximately $32,000.

Schwab US Dividend Equity ETF Stock Up 0.9%

SCHD opened at $33.85 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $34.24. The stock has a market cap of $105.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The business has a 50 day moving average of $32.55 and a 200-day moving average of $31.52.

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.