Bleakley Financial Group LLC Has $1.41 Million Stake in Schwab US Dividend Equity ETF $SCHD

Bleakley Financial Group LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 147.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,039 shares of the company’s stock after purchasing an additional 31,598 shares during the period. Bleakley Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,406,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MOKAN Wealth Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 4.9% in the second quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after buying an additional 6,985 shares during the period. Principal Financial Group Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $384,000. Allspring Global Investments Holdings LLC increased its stake in shares of Schwab US Dividend Equity ETF by 343.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock valued at $339,000 after buying an additional 9,382 shares during the period. Elevate Wealth Advisory Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 7.4% in the first quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock valued at $1,593,000 after buying an additional 3,915 shares during the period. Finally, Schaeffer Financial LLC increased its stake in shares of Schwab US Dividend Equity ETF by 3.7% in the first quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock valued at $19,260,000 after buying an additional 24,751 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.03 on Friday. The business has a 50 day moving average of $27.34 and a 200-day moving average of $26.74. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The company has a market capitalization of $70.07 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.