Sarver Vrooman Wealth Advisors Acquires 33,514 Shares of Schwab US Dividend Equity ETF $SCHD

Sarver Vrooman Wealth Advisors raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 1,694,611 shares of the company’s stock after purchasing an additional 33,514 shares during the period. Schwab US Dividend Equity ETF makes up approximately 32.5% of Sarver Vrooman Wealth Advisors’ portfolio, making the stock its biggest holding. Sarver Vrooman Wealth Advisors owned about 0.05% of Schwab US Dividend Equity ETF worth $55,126,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Byrne Asset Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. bought a new stake in Schwab US Dividend Equity ETF during the 2nd quarter valued at $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth $32,000. Investment Counsel Co. of Nevada purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $38,000. Finally, Signature Resources Capital Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 53.8% in the first quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after acquiring an additional 500 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.4%

Shares of NYSEARCA SCHD traded up $0.13 during mid-day trading on Thursday, hitting $32.66. The company had a trading volume of 11,664,096 shares, compared to its average volume of 22,396,094. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31. The company has a market capitalization of $107.60 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock’s 50-day moving average price is $34.10 and its 200-day moving average price is $32.55.

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.