Schwab US Dividend Equity ETF $SCHD Shares Purchased by AE Wealth Management LLC

AE Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 321,104 shares of the company’s stock after purchasing an additional 37,403 shares during the quarter. AE Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,509,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. Kozak & Associates Inc. grew its stake in Schwab US Dividend Equity ETF by 476.1% during the 2nd 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. PrairieView Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 57.3% during the 2nd 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 last quarter. Financial Management Professionals Inc. grew its position in shares of 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 valued at $34,000 after purchasing an additional 907 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $39,000. Finally, MTM Investment Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $40,000.

Schwab US Dividend Equity ETF Stock Up 0.8%

Shares of NYSEARCA:SCHD opened at $26.72 on Monday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The stock has a market cap of $69.09 billion, a P/E ratio of 14.57 and a beta of 0.77. The business has a fifty day moving average of $27.14 and a two-hundred day moving average of $26.87.

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.