International Assets Investment Management LLC Acquires 9,748 Shares of Schwab US Dividend Equity ETF $SCHD

International Assets Investment Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,074 shares of the company’s stock after acquiring an additional 9,748 shares during the quarter. International Assets Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,645,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Lederer & Associates Investment Counsel CA raised its holdings in Schwab US Dividend Equity ETF by 1.5% in the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock worth $667,000 after purchasing an additional 375 shares in the last quarter. Madden Advisory Services Inc. raised its holdings in Schwab US Dividend Equity ETF by 0.3% in the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after purchasing an additional 383 shares in the last quarter. Bellevue Asset Management LLC raised its holdings in Schwab US Dividend Equity ETF by 1.2% in the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after purchasing an additional 389 shares in the last quarter. Cowa LLC raised its holdings in Schwab US Dividend Equity ETF by 0.3% in the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock worth $3,407,000 after purchasing an additional 394 shares in the last quarter. Finally, Gateway Wealth Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 3.2% in the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock worth $360,000 after purchasing an additional 400 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8%

SCHD opened at $26.79 on Monday. The stock has a fifty day simple moving average of $27.36 and a two-hundred day simple moving average of $26.69. The company has a market cap of $69.65 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. 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.