Iron Horse Wealth Management LLC Purchases 507 Shares of Schwab US Dividend Equity ETF $SCHD

Iron Horse Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,664 shares of the company’s stock after buying an additional 507 shares during the quarter. Iron Horse Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $124,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth about $27,000. Kozak & Associates Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares in the last quarter. Financial Management Professionals Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares in the last quarter. Cooksen Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth about $38,000. Finally, Optimum Investment Advisors grew its holdings in shares of Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after buying an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.41 on Friday. The stock has a 50-day simple moving average of $27.33 and a 200 day simple moving average of $26.76. The company has a market cap of $71.87 billion, a PE 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.

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.