Iams Wealth Management LLC Invests $534,000 in Schwab US Dividend Equity ETF $SCHD

Iams Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to its most recent filing with the SEC. The firm bought 19,554 shares of the company’s stock, valued at approximately $534,000.

Other institutional investors have also recently bought and sold shares of the company. Kozak & Associates Inc. grew its position in shares of Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares during the last quarter. PrairieView Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares during the last quarter. Financial Management Professionals Inc. grew its holdings in Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $39,000. Finally, Independence Bank of Kentucky bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $41,000.

Schwab US Dividend Equity ETF Trading Up 0.4%

Shares of Schwab US Dividend Equity ETF stock opened at $27.66 on Thursday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $28.84. The company’s fifty day simple moving average is $27.19 and its 200-day simple moving average is $27.17. The company has a market cap of $71.52 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.