18,606 Shares in Schwab US Dividend Equity ETF $SCHD Bought by Markowski Investments

Markowski Investments purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 18,606 shares of the company’s stock, valued at approximately $590,000.

Several other hedge funds also recently added to or reduced their stakes in SCHD. Byrne Asset Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $26,000. DiNuzzo Private Wealth Inc. acquired a new position in Schwab US Dividend Equity ETF in the second quarter worth about $27,000. Merrithew & Thorsten Inc bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $25,000. Ashton Thomas Securities LLC bought a new stake in Schwab US Dividend Equity ETF in the first quarter valued at about $32,000. Finally, Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $29,000.

Schwab US Dividend Equity ETF Stock Down 0.8%

NYSEARCA:SCHD opened at $34.80 on Friday. The business’s 50 day moving average is $33.63 and its two-hundred day moving average is $32.25. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31. The company has a market cap of $108.12 billion, a PE ratio of 14.57 and a beta of 0.68.

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.