AlphaStar Capital Management LLC Purchases New Stake in Schwab US Dividend Equity ETF $SCHD

AlphaStar Capital Management LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 9,471 shares of the company’s stock, valued at approximately $251,000.

Several other large investors also recently bought and sold shares of SCHD. Kozak & Associates Inc. raised its stake 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 during the period. PrairieView Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares during the period. Financial Management Professionals Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the period. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at approximately $38,000. Finally, Optimum Investment Advisors raised its stake in shares of Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after purchasing an additional 505 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.3%

SCHD opened at $26.75 on Friday. The firm has a market capitalization of $69.21 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm’s 50 day moving average is $27.27 and its 200-day moving average is $26.82. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72.

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.