Verus Financial Partners Inc. Has $27.74 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Verus Financial Partners Inc. boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,016,613 shares of the company’s stock after buying an additional 27,215 shares during the quarter. Schwab US Dividend Equity ETF makes up about 2.8% of Verus Financial Partners Inc.’s holdings, making the stock its 13th biggest position. Verus Financial Partners Inc.’s holdings in Schwab US Dividend Equity ETF were worth $27,743,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Brighton Jones LLC grew its position in Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC grew its position in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the last quarter. GAMMA Investing LLC grew its position in Schwab US Dividend Equity ETF by 2,394.1% in the 1st quarter. GAMMA Investing LLC now owns 243,252 shares of the company’s stock worth $6,801,000 after purchasing an additional 233,499 shares during the last quarter. Finally, Whipplewood Advisors LLC grew its position in Schwab US Dividend Equity ETF by 2,824.2% in the 1st quarter. Whipplewood Advisors LLC now owns 1,813 shares of the company’s stock worth $51,000 after purchasing an additional 1,751 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.34 on Friday. The firm has a market capitalization of $71.31 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The company’s fifty day moving average is $27.33 and its two-hundred day moving average is $26.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72.

About Schwab US Dividend Equity ETF

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.