Sharkey Howes & Javer Purchases New Holdings in Schwab US Dividend Equity ETF $SCHD

Sharkey Howes & Javer bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 20,652 shares of the company’s stock, valued at approximately $672,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Capital Wealth Advisors increased its stake in Schwab US Dividend Equity ETF by 0.8% during the third quarter. Vanguard Capital Wealth Advisors now owns 38,880 shares of the company’s stock worth $1,265,000 after acquiring an additional 296 shares during the last quarter. Wealth Management Partners LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 1.7% in the 3rd quarter. Wealth Management Partners LLC now owns 18,307 shares of the company’s stock worth $596,000 after purchasing an additional 300 shares during the period. Triumph Capital Management raised its holdings in shares of Schwab US Dividend Equity ETF by 14.6% in the 3rd quarter. Triumph Capital Management now owns 2,389 shares of the company’s stock worth $78,000 after purchasing an additional 305 shares during the period. Gemmer Asset Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 1.5% in the 2nd quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock worth $686,000 after purchasing an additional 317 shares during the period. Finally, MeadowBrook Investment Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after purchasing an additional 325 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $35.40 on Friday. The business’s 50-day simple moving average is $34.05 and its 200-day simple moving average is $32.88. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.45. The firm has a market capitalization of $118.71 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.