GC Wealth Management RIA LLC Acquires 2,859 Shares of Schwab US Dividend Equity ETF $SCHD

GC Wealth Management RIA LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 28.5% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,894 shares of the company’s stock after acquiring an additional 2,859 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Schwab US Dividend Equity ETF were worth $342,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $384,000. Allspring Global Investments Holdings LLC increased its position in shares of Schwab US Dividend Equity ETF by 343.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock valued at $339,000 after purchasing an additional 9,382 shares during the last quarter. Elevate Wealth Advisory Inc. increased its position in shares of Schwab US Dividend Equity ETF by 7.4% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock valued at $1,593,000 after purchasing an additional 3,915 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,654,619 shares of the company’s stock valued at $325,863,000 after purchasing an additional 182,749 shares during the last quarter. Finally, Schaeffer Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.7% during the 1st quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock valued at $19,260,000 after purchasing an additional 24,751 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8%

Shares of Schwab US Dividend Equity ETF stock opened at $27.53 on Thursday. The firm has a market capitalization of $71.81 billion, a PE ratio of 14.57 and a beta of 0.88. The business’s 50-day moving average price is $27.33 and its 200-day moving average price is $26.78. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72.

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.