McGlone Suttner Wealth Management Inc. Raises Position in Schwab US Dividend Equity ETF $SCHD

McGlone Suttner Wealth Management Inc. lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,859 shares of the company’s stock after buying an additional 1,845 shares during the period. McGlone Suttner Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,136,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Opal Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at $27,000. Kozak & Associates Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 476.1% in 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 last quarter. Cooksen Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter valued at about $38,000. Optimum Investment Advisors lifted its position 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 in the last quarter. Finally, MTM Investment Management LLC purchased a new position in Schwab US Dividend Equity ETF during the first quarter worth about $40,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.33 on Monday. The company has a market capitalization of $71.28 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 company has a 50-day simple moving average of $27.31 and a two-hundred day simple moving average of $26.80.

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.