Schwab US Dividend Equity ETF $SCHD is Blue Barn Wealth LLC’s 4th Largest Position

Blue Barn Wealth LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.0% in the second quarter, HoldingsChannel.com reports. The fund owned 491,076 shares of the company’s stock after buying an additional 14,354 shares during the period. Schwab US Dividend Equity ETF comprises approximately 6.1% of Blue Barn Wealth LLC’s investment portfolio, making the stock its 4th biggest holding. Blue Barn Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,014,000 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 added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC purchased a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth $1,031,129,000. LPL Financial LLC raised its stake in Schwab US Dividend Equity ETF by 6.8% in the 1st 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 last quarter. Wealthspire Advisors LLC raised its stake in 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 last quarter. Avantax Advisory Services Inc. raised its stake in 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 last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Schwab US Dividend Equity ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after acquiring an additional 1,083,206 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $26.44 on Wednesday. The firm has a market capitalization of $68.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The business has a fifty day moving average of $27.22 and a 200 day moving average of $26.84. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year 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.