Schwab US Dividend Equity ETF $SCHD Shares Bought by PTM Wealth Management LLC

PTM Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,729 shares of the company’s stock after acquiring an additional 406 shares during the period. PTM Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $321,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth about $27,000. Cooksen Wealth LLC purchased a new stake in Schwab US Dividend Equity ETF in the first quarter valued at approximately $38,000. Optimum Investment Advisors grew its stake in 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 during the period. MTM Investment Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the first quarter worth approximately $40,000. Finally, Westside Investment Management Inc. grew its stake in Schwab US Dividend Equity ETF by 3,666.7% during the first quarter. Westside Investment Management Inc. now owns 1,469 shares of the company’s stock worth $41,000 after buying an additional 1,430 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.9%

Shares of SCHD stock opened at $27.48 on Monday. The company has a market capitalization of $71.68 billion, a PE ratio of 14.57 and a beta of 0.88. The firm has a fifty day simple moving average of $27.30 and a 200-day simple moving average of $26.82. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72.

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.