Concord Asset Management LLC VA Grows Position in Schwab US Dividend Equity ETF $SCHD

Concord Asset Management LLC VA boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 67.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 131,432 shares of the company’s stock after purchasing an additional 52,797 shares during the period. Concord Asset Management LLC VA’s holdings in Schwab US Dividend Equity ETF were worth $3,483,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Lederer & Associates Investment Counsel CA lifted its stake in Schwab US Dividend Equity ETF by 1.5% during the 2nd 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 stake in Schwab US Dividend Equity ETF by 0.3% during the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock valued at $3,003,000 after acquiring an additional 383 shares during the period. Bellevue Asset Management LLC lifted its stake in Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after acquiring an additional 389 shares during the period. Cowa LLC lifted its stake in Schwab US Dividend Equity ETF by 0.3% during the 1st quarter. Cowa LLC now owns 121,867 shares of the company’s stock valued at $3,407,000 after acquiring an additional 394 shares during the period. Finally, Gateway Wealth Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 3.2% during the 1st quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock valued at $360,000 after acquiring an additional 400 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.7%

Shares of NYSEARCA SCHD opened at $26.54 on Monday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The company has a 50 day simple moving average of $27.36 and a two-hundred day simple moving average of $26.73. The stock has a market cap of $69.30 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

About Schwab US Dividend Equity ETF

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.