Schwab US Dividend Equity ETF $SCHD Stake Raised by MRWM Advisors LLC

MRWM Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 290,508 shares of the company’s stock after purchasing an additional 41,680 shares during the period. Schwab US Dividend Equity ETF comprises about 4.5% of MRWM Advisors LLC’s portfolio, making the stock its 6th largest holding. MRWM Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,931,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Kozak & Associates Inc. raised its stake in shares of 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 worth $31,000 after buying an additional 938 shares during the period. PrairieView Partners LLC raised its position in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after acquiring an additional 467 shares during the period. Financial Management Professionals Inc. lifted its holdings in 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 valued at $34,000 after purchasing an additional 907 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in Schwab US Dividend Equity ETF during the second quarter valued at $39,000. Finally, Independence Bank of Kentucky acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $41,000.

Schwab US Dividend Equity ETF Stock Down 0.4%

SCHD stock opened at $28.90 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.11. The firm has a 50-day simple moving average of $27.64 and a 200-day simple moving average of $27.34. The stock has a market capitalization of $75.63 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.