Traphagen Investment Advisors LLC Has $808,000 Position in Schwab US Dividend Equity ETF $SCHD

Traphagen Investment Advisors LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,508 shares of the company’s stock after acquiring an additional 1,252 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $808,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Lederer & Associates Investment Counsel CA boosted its position in shares of Schwab US Dividend Equity ETF by 1.5% in the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after acquiring an additional 375 shares during the period. Madden Advisory Services Inc. lifted its position in Schwab US Dividend Equity ETF by 0.3% during the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after purchasing an additional 383 shares during the period. Bellevue Asset Management LLC lifted its position in Schwab US Dividend Equity ETF by 1.2% during the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after purchasing an additional 389 shares during the period. Cowa LLC lifted its position in Schwab US Dividend Equity ETF by 0.3% during the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock worth $3,407,000 after purchasing an additional 394 shares during the period. Finally, Gateway Wealth Partners LLC lifted its position in Schwab US Dividend Equity ETF by 3.2% during the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock worth $360,000 after purchasing an additional 400 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.2%

SCHD opened at $27.28 on Wednesday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a 50-day simple moving average of $27.34 and a 200 day simple moving average of $26.75. The stock has a market capitalization of $71.48 billion, a price-to-earnings 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.