Bryn Mawr Trust Advisors LLC Has $2.64 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Bryn Mawr Trust Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 99,502 shares of the company’s stock after buying an additional 3,885 shares during the period. Bryn Mawr Trust Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,637,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Lederer & Associates Investment Counsel CA raised its position in shares of Schwab US Dividend Equity ETF by 1.5% in the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock worth $667,000 after acquiring an additional 375 shares in the last quarter. Madden Advisory Services Inc. grew its stake in Schwab US Dividend Equity ETF by 0.3% during the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after purchasing an additional 383 shares during the period. Bellevue Asset Management LLC grew its stake in Schwab US Dividend Equity ETF by 1.2% during the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after purchasing an additional 389 shares during the period. Cowa LLC increased its holdings in Schwab US Dividend Equity ETF by 0.3% in the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock worth $3,407,000 after purchasing an additional 394 shares in the last quarter. Finally, Gateway Wealth Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 3.2% in the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock valued at $360,000 after buying an additional 400 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $26.72 on Friday. The stock has a market capitalization of $69.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The stock’s 50 day moving average price is $27.14 and its two-hundred day moving average price is $26.85.

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.