B. Riley Wealth Advisors Inc. Makes New $2.49 Million Investment in Schwab US Dividend Equity ETF $SCHD

B. Riley Wealth Advisors Inc. purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 94,121 shares of the company’s stock, valued at approximately $2,494,000.

Other institutional investors also recently modified their holdings of the company. Kozak & Associates Inc. raised its position in Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the last quarter. Financial Management Professionals Inc. boosted its position in Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after acquiring an additional 907 shares during the last quarter. PrairieView Partners LLC grew its stake 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 acquiring an additional 467 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $39,000. Finally, Keystone Global Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $56,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.68 on Monday. The company has a fifty day simple moving average of $27.09 and a 200 day simple moving average of $27.11. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $28.84. The company has a market cap of $71.58 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.