Sarver Vrooman Wealth Advisors Buys 2,906 Shares of Schwab US Dividend Equity ETF $SCHD

Sarver Vrooman Wealth Advisors increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,646,711 shares of the company’s stock after acquiring an additional 2,906 shares during the quarter. Schwab US Dividend Equity ETF comprises 29.0% of Sarver Vrooman Wealth Advisors’ holdings, making the stock its 2nd largest holding. Sarver Vrooman Wealth Advisors’ holdings in Schwab US Dividend Equity ETF were worth $43,638,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 6.8% in the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after acquiring an additional 2,470,706 shares during the period. Wealthspire Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 95.2% in the first 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. lifted its stake in shares of Schwab US Dividend Equity ETF by 6.3% in the first 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. Ameriprise Financial Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 0.7% in the first 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. Finally, Commonwealth Equity Services LLC lifted its stake in Schwab US Dividend Equity ETF by 2.8% in the first quarter. Commonwealth Equity Services LLC now owns 13,496,416 shares of the company’s stock valued at $377,360,000 after buying an additional 365,856 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.34 on Tuesday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The business’s 50 day moving average price is $27.30 and its two-hundred day moving average price is $26.81. The firm has a market cap of $71.31 billion, a PE ratio of 14.57 and a beta of 0.88.

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.