LifeSteps Financial Inc. Has $2.88 Million Stake in Schwab US Dividend Equity ETF $SCHD

LifeSteps Financial Inc. increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 108,592 shares of the company’s stock after acquiring an additional 18,572 shares during the period. Schwab US Dividend Equity ETF accounts for about 2.0% of LifeSteps Financial Inc.’s holdings, making the stock its 12th largest position. LifeSteps Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,878,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Opal Wealth Advisors LLC bought a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $27,000. Kozak & Associates Inc. boosted its stake in Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares during the period. Financial Management Professionals Inc. boosted its stake 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 valued at $34,000 after purchasing an additional 907 shares during the period. Cooksen Wealth LLC bought a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $38,000. Finally, Optimum Investment Advisors boosted its stake in Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after purchasing an additional 505 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.2%

Shares of NYSEARCA:SCHD opened at $27.28 on Wednesday. The business has a 50 day moving average price of $27.34 and a 200 day moving average price of $26.75. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market cap of $71.48 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

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.