Probity Advisors Inc. Purchases 1,892 Shares of Schwab US Dividend Equity ETF $SCHD

Probity Advisors Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,372 shares of the company’s stock after acquiring an additional 1,892 shares during the period. Probity Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $831,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Liberty One Investment Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.0% during the 2nd quarter. Liberty One Investment Management LLC now owns 77,173 shares of the company’s stock worth $2,045,000 after acquiring an additional 1,494 shares during the period. Mid American Wealth Advisory Group Inc. acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $119,000. Clune & Associates LTD. increased its position in Schwab US Dividend Equity ETF by 4.7% during the 2nd quarter. Clune & Associates LTD. now owns 38,455 shares of the company’s stock worth $1,019,000 after purchasing an additional 1,736 shares in the last quarter. Avidian Wealth Enterprises LLC increased its position in Schwab US Dividend Equity ETF by 20.0% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 175,635 shares of the company’s stock worth $4,654,000 after purchasing an additional 29,307 shares in the last quarter. Finally, Bogart Wealth LLC increased its position in Schwab US Dividend Equity ETF by 44.7% during the 2nd quarter. Bogart Wealth LLC now owns 31,303 shares of the company’s stock worth $830,000 after purchasing an additional 9,673 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock 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 stock has a market cap of $70.17 billion, a price-to-earnings 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 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.