Schwab US Dividend Equity ETF $SCHD Stake Increased by DMKC Advisory Services LLC

DMKC Advisory Services LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 219,680 shares of the company’s stock after buying an additional 20,989 shares during the period. Schwab US Dividend Equity ETF makes up about 3.0% of DMKC Advisory Services LLC’s investment portfolio, making the stock its 8th largest holding. DMKC Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,997,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Kozak & Associates Inc. raised its holdings 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 worth $31,000 after acquiring an additional 938 shares during the last quarter. Financial Management Professionals Inc. raised its stake 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 worth $34,000 after purchasing an additional 907 shares during the last quarter. PrairieView Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 57.3% in the second 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. Vaughan Nelson Investment Management L.P. bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at $39,000. Finally, Independence Bank of Kentucky purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at $41,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.73 on Friday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84. The stock has a 50-day moving average of $27.28 and a 200 day moving average of $27.21. The company has a market capitalization of $71.71 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

Schwab US Dividend Equity ETF 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.