Savvy Advisors Inc. Grows Holdings in Schwab US Dividend Equity ETF $SCHD

Savvy Advisors Inc. boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 50.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 314,912 shares of the company’s stock after purchasing an additional 105,145 shares during the quarter. Savvy Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $8,345,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SCHD. Kozak & Associates Inc. grew its position 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 last quarter. PrairieView Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after acquiring an additional 467 shares during the last quarter. Financial Management Professionals Inc. boosted its holdings in shares of 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 acquiring an additional 907 shares during the last quarter. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $38,000. Finally, Optimum Investment Advisors boosted its holdings in shares of 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 acquiring an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.0%

Shares of NYSEARCA:SCHD opened at $26.74 on Thursday. The firm’s 50 day moving average price is $27.31 and its 200-day moving average price is $26.80. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The stock has a market capitalization of $69.27 billion, a PE ratio of 14.57 and a beta of 0.77.

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.