Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $2.12 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 79,837 shares of the company’s stock after purchasing an additional 10,478 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab US Dividend Equity ETF were worth $2,116,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Kingstone Capital Partners Texas LLC bought a new position in Schwab US Dividend Equity ETF during the second quarter worth about $1,031,129,000. Wealthspire Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares during the period. LPL Financial LLC grew its holdings in Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after purchasing an additional 2,470,706 shares during the period. Cresset Asset Management LLC grew its holdings in Schwab US Dividend Equity ETF by 37.5% during the first quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after purchasing an additional 2,069,007 shares during the period. Finally, Avantax Advisory Services Inc. grew its holdings in Schwab US Dividend Equity ETF by 6.3% during the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after purchasing an additional 1,637,300 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.41 on Friday. The stock has a market capitalization of $71.87 billion, a P/E ratio of 14.57 and a beta of 0.88. 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 50-day simple moving average of $27.33 and a 200 day simple moving average of $26.77.

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.