Whelan Financial Boosts Position in Schwab US Dividend Equity ETF $SCHD

Whelan Financial lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,768,247 shares of the company’s stock after purchasing an additional 29,034 shares during the quarter. Schwab US Dividend Equity ETF accounts for 15.3% of Whelan Financial’s investment portfolio, making the stock its 2nd largest holding. Whelan Financial owned 0.07% of Schwab US Dividend Equity ETF worth $48,273,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. RMG Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at about $132,621,000. Osaic Holdings Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after buying an additional 1,217,005 shares in the last quarter. DDD Partners LLC raised its stake in Schwab US Dividend Equity ETF by 3,673.0% during the 2nd quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after buying an additional 1,164,306 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 6.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after acquiring an additional 1,083,206 shares during the period. Finally, Cerity Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after purchasing an additional 1,005,469 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $28.90 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.11. The company has a market cap of $75.72 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm has a 50-day simple moving average of $27.64 and a two-hundred day simple moving average of $27.34.

Schwab US Dividend Equity ETF Company 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.