Stephens Inc. AR Purchases 328,371 Shares of Schwab US Dividend Equity ETF $SCHD

Stephens Inc. AR lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 33.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,318,633 shares of the company’s stock after purchasing an additional 328,371 shares during the period. Stephens Inc. AR owned 0.05% of Schwab US Dividend Equity ETF worth $34,944,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Kozak & Associates Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares in the last quarter. Financial Management Professionals Inc. raised its position in Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after acquiring an additional 907 shares during the period. PrairieView Partners LLC raised its position in Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after acquiring an additional 467 shares during the period. Cooksen Wealth LLC bought a new stake in Schwab US Dividend Equity ETF in the first quarter worth about $38,000. Finally, Optimum Investment Advisors raised its position in Schwab US Dividend Equity ETF by 57.6% in the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after acquiring an additional 505 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $26.79 on Monday. The firm 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 52 week low of $23.87 and a 52 week high of $29.72. The firm’s 50-day simple moving average is $27.36 and its two-hundred day simple moving average is $26.69.

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.