Martin Capital Partners LLC Takes $582,000 Position in Schwab US Dividend Equity ETF $SCHD

Martin Capital Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,967 shares of the company’s stock, valued at approximately $582,000.

A number of other large investors also recently bought and sold shares of the stock. RMR Wealth Builders lifted its holdings in Schwab US Dividend Equity ETF by 3.3% in the second quarter. RMR Wealth Builders now owns 16,285 shares of the company’s stock valued at $432,000 after acquiring an additional 519 shares during the period. Goldstone Financial Group LLC lifted its holdings in Schwab US Dividend Equity ETF by 8.5% in the second quarter. Goldstone Financial Group LLC now owns 212,553 shares of the company’s stock valued at $5,813,000 after acquiring an additional 16,588 shares during the period. Apella Capital LLC raised its stake in shares of Schwab US Dividend Equity ETF by 80.0% during the 2nd quarter. Apella Capital LLC now owns 15,102 shares of the company’s stock worth $409,000 after buying an additional 6,713 shares during the period. Gradient Investments LLC raised its stake in shares of Schwab US Dividend Equity ETF by 3.9% during the 2nd quarter. Gradient Investments LLC now owns 47,784 shares of the company’s stock worth $1,266,000 after buying an additional 1,786 shares during the period. Finally, Adams Asset Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $6,142,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.48 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock’s fifty day moving average is $27.30 and its two-hundred day moving average is $26.82. The firm has a market capitalization of $71.68 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.