Acorn Financial Advisory Services Inc. ADV Grows Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Acorn Financial Advisory Services Inc. ADV grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 31.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 14,756 shares of the company’s stock after acquiring an additional 3,545 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in Schwab US Dividend Equity ETF were worth $391,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in SCHD. Brighton Jones LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.6% during the first 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, Opal Wealth Advisors LLC purchased a new position in Schwab US Dividend Equity ETF in the 1st quarter worth approximately $27,000.

Schwab US Dividend Equity ETF Stock Up 0.3%

Shares of NYSEARCA SCHD opened at $26.63 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The firm has a market cap of $69.53 billion, a P/E ratio of 14.57 and a beta of 0.88. The company has a 50 day moving average of $27.36 and a 200 day moving average of $26.72.

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.