Liberty Capital Management Inc. Has $3.13 Million Stake in Schwab US Dividend Equity ETF $SCHD

Liberty Capital Management Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 24.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,159 shares of the company’s stock after buying an additional 23,000 shares during the quarter. Liberty Capital Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,131,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at about $27,000. Kozak & Associates Inc. grew its position 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. Financial Management Professionals Inc. grew its position in shares of 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 valued at $34,000 after purchasing an additional 907 shares during the last quarter. Cooksen Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at about $38,000. Finally, Optimum Investment Advisors grew its position in shares of 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 valued at $39,000 after purchasing an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.30 on Wednesday. The company has a market cap of $71.21 billion, a P/E ratio of 14.57 and a beta of 0.88. The stock’s 50-day moving average is $27.33 and its 200-day moving average is $26.77. 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.