Pasadena Private Wealth LLC Acquires 2,475 Shares of Schwab US Dividend Equity ETF $SCHD

Pasadena Private Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,454 shares of the company’s stock after acquiring an additional 2,475 shares during the quarter. Pasadena Private Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,185,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kozak & Associates Inc. raised its holdings 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 acquiring an additional 938 shares in the last quarter. Financial Management Professionals Inc. grew its stake in Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after purchasing an additional 907 shares during the period. PrairieView Partners LLC grew its stake in Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares during the period. Cooksen Wealth LLC purchased a new stake in Schwab US Dividend Equity ETF in the first quarter worth $38,000. Finally, Optimum Investment Advisors grew its stake in Schwab US Dividend Equity ETF by 57.6% in the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after purchasing an additional 505 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.03 on Monday. The stock has a market cap of $70.07 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The business’s fifty day moving average is $27.34 and its 200 day moving average is $26.77. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72.

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.