Avidian Wealth Enterprises LLC Acquires 29,307 Shares of Schwab US Dividend Equity ETF $SCHD

Avidian Wealth Enterprises LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.0% in the second quarter, Holdings Channel reports. The institutional investor owned 175,635 shares of the company’s stock after buying an additional 29,307 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,654,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Kozak & Associates Inc. raised its holdings in Schwab US Dividend Equity ETF by 476.1% in the 2nd 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 last quarter. Financial Management Professionals Inc. raised its holdings 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 valued at $34,000 after buying an additional 907 shares during the last quarter. PrairieView Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares during the last quarter. Cooksen Wealth LLC bought a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at approximately $38,000. Finally, Optimum Investment Advisors raised its holdings in Schwab US Dividend Equity ETF by 57.6% in the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after buying an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $26.99 on Tuesday. The company has a 50 day simple moving average of $27.36 and a 200 day simple moving average of $26.71. The firm has a market cap of $70.17 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72.

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.