MBA Advisors LLC Raises Stake in Schwab US Dividend Equity ETF $SCHD

MBA Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 358,869 shares of the company’s stock after purchasing an additional 20,128 shares during the period. Schwab US Dividend Equity ETF accounts for about 3.7% of MBA Advisors LLC’s portfolio, making the stock its 7th largest position. MBA Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,380,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Merrithew & Thorsten Inc purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $25,000. Byrne Asset Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth about $27,000. Dynamic Wealth Strategies LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $29,000. Finally, Ashton Thomas Securities LLC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter worth about $32,000.

Schwab US Dividend Equity ETF Stock Up 0.6%

SCHD opened at $35.01 on Thursday. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.31. The company has a market cap of $108.77 billion, a PE ratio of 14.57 and a beta of 0.67. The company has a 50-day moving average price of $33.51 and a 200 day moving average price of $32.21.

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.