MOKAN Wealth Management Inc. Buys 6,985 Shares of Schwab US Dividend Equity ETF $SCHD

MOKAN Wealth Management Inc. increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,769 shares of the company’s stock after acquiring an additional 6,985 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 2.2% of MOKAN Wealth Management Inc.’s holdings, making the stock its 14th biggest position. MOKAN Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,995,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Almanack Investment Partners LLC. grew its position in shares of Schwab US Dividend Equity ETF by 5.6% during the second quarter. Almanack Investment Partners LLC. now owns 37,700 shares of the company’s stock worth $999,000 after purchasing an additional 2,000 shares in the last quarter. Ellis Investment Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 30.3% during the 2nd quarter. Ellis Investment Partners LLC now owns 33,990 shares of the company’s stock valued at $901,000 after buying an additional 7,906 shares in the last quarter. Genesee Capital Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 0.8% during the second quarter. Genesee Capital Advisors LLC now owns 143,304 shares of the company’s stock valued at $3,798,000 after buying an additional 1,083 shares during the last quarter. Retirement Planning Group LLC NY lifted its holdings in shares of Schwab US Dividend Equity ETF by 136.6% in the second quarter. Retirement Planning Group LLC NY now owns 78,155 shares of the company’s stock worth $2,071,000 after buying an additional 45,118 shares in the last quarter. Finally, Libra Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth $226,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $26.54 on Monday. The stock has a market capitalization of $69.30 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The company has a fifty day moving average of $27.36 and a 200 day moving average of $26.73. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week 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.