Schwab US Dividend Equity ETF $SCHD Shares Acquired by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 27.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,703 shares of the company’s stock after acquiring an additional 6,036 shares during the period. Beacon Financial Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $734,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC increased its position in Schwab US Dividend Equity ETF by 12.2% during the second quarter. Iron Horse Wealth Management LLC now owns 4,664 shares of the company’s stock worth $124,000 after buying an additional 507 shares during the period. Olistico Wealth LLC increased its position in Schwab US Dividend Equity ETF by 292.7% during the second quarter. Olistico Wealth LLC now owns 78,996 shares of the company’s stock worth $2,093,000 after buying an additional 58,882 shares during the period. Wealthcare Capital Management LLC increased its position in Schwab US Dividend Equity ETF by 43.5% during the second quarter. Wealthcare Capital Management LLC now owns 33,892 shares of the company’s stock worth $898,000 after buying an additional 10,282 shares during the period. Wealthcare Advisory Partners LLC increased its position in Schwab US Dividend Equity ETF by 0.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,479,211 shares of the company’s stock worth $39,199,000 after buying an additional 11,131 shares during the period. Finally, Berger Financial Group Inc increased its position in Schwab US Dividend Equity ETF by 3.3% during the second quarter. Berger Financial Group Inc now owns 3,025,413 shares of the company’s stock worth $80,173,000 after buying an additional 98,063 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.3%

SCHD opened at $27.41 on Friday. The firm has a market cap of $71.87 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. 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 is $27.33 and its two-hundred day moving average is $26.76.

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.