Whelan Financial Buys 51,860 Shares of Schwab US Dividend Equity ETF $SCHD

Whelan Financial boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 3.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,739,213 shares of the company’s stock after acquiring an additional 51,860 shares during the period. Schwab US Dividend Equity ETF accounts for 16.7% of Whelan Financial’s portfolio, making the stock its 2nd largest position. Whelan Financial owned approximately 0.07% of Schwab US Dividend Equity ETF worth $46,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC acquired a new stake in Schwab US Dividend Equity ETF in the second quarter valued at $1,031,129,000. LPL Financial LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after purchasing an additional 2,470,706 shares during the period. Wealthspire Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 95.2% in the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after acquiring an additional 14,410,724 shares during the period. Avantax Advisory Services Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 6.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after acquiring an additional 1,637,300 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 0.7% in the 1st quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock worth $491,196,000 after acquiring an additional 113,330 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.7%

SCHD stock opened at $27.34 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm’s 50-day simple moving average is $27.33 and its 200 day simple moving average is $26.77. The stock has a market cap of $71.31 billion, a PE ratio of 14.57 and a beta of 0.88.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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