Schwab US Dividend Equity ETF $SCHD is HHM Wealth Advisors LLC’s Largest Position

HHM Wealth Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% in the second quarter, HoldingsChannel reports. The fund owned 5,189,527 shares of the company’s stock after buying an additional 214,249 shares during the quarter. Schwab US Dividend Equity ETF accounts for 16.3% of HHM Wealth Advisors LLC’s portfolio, making the stock its biggest holding. HHM Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $137,522,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in SCHD. MOKAN Wealth Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 4.9% during the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after purchasing an additional 6,985 shares in the last quarter. Advisory Resource Group boosted its holdings in Schwab US Dividend Equity ETF by 4.4% in the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after purchasing an additional 2,520 shares in the last quarter. Elevate Wealth Advisory Inc. increased its position in Schwab US Dividend Equity ETF by 7.4% during the first quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after buying an additional 3,915 shares during the last quarter. AE Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 13.2% during the second quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock valued at $8,509,000 after buying an additional 37,403 shares in the last quarter. Finally, Schaeffer Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.7% in the first quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock worth $19,260,000 after buying an additional 24,751 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.16 on Wednesday. The business’s 50-day simple moving average is $27.07 and its 200-day simple moving average is $26.94. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The firm has a market cap of $70.23 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

Schwab US Dividend Equity ETF 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.