Moran Wealth Management LLC Has $9.65 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Moran Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 48.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 314,445 shares of the company’s stock after acquiring an additional 102,610 shares during the quarter. Moran Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,647,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Portland Financial Advisors Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $240,000. IRON Financial LLC lifted its holdings in Schwab US Dividend Equity ETF by 19.8% in the 1st quarter. IRON Financial LLC now owns 172,937 shares of the company’s stock worth $5,306,000 after purchasing an additional 28,633 shares during the last quarter. Leelyn Smith LLC lifted its holdings in Schwab US Dividend Equity ETF by 2.8% in the 1st quarter. Leelyn Smith LLC now owns 1,586,958 shares of the company’s stock worth $48,688,000 after purchasing an additional 43,719 shares during the last quarter. PFG Investments LLC boosted its position in Schwab US Dividend Equity ETF by 9.5% during the first quarter. PFG Investments LLC now owns 207,130 shares of the company’s stock worth $6,355,000 after purchasing an additional 17,987 shares during the period. Finally, Baer Investment Advisory LLC bought a new stake in Schwab US Dividend Equity ETF during the first quarter worth approximately $46,847,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $32.39 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $32.92. The company has a market cap of $97.46 billion, a PE ratio of 14.57 and a beta of 0.68. The business’s 50 day moving average is $32.06 and its two-hundred day moving average is $30.72.

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.