Schwab US Dividend Equity ETF $SCHD Stock Position Boosted by HRC Wealth Management LLC

HRC Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.9% during the second quarter, Holdings Channel reports. The institutional investor owned 248,723 shares of the company’s stock after buying an additional 2,148 shares during the period. Schwab US Dividend Equity ETF makes up about 3.5% of HRC Wealth Management LLC’s holdings, making the stock its 5th largest position. HRC Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,591,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SCHD. Kingstone Capital Partners Texas LLC purchased a new position in Schwab US Dividend Equity ETF in the second quarter valued at approximately $1,031,129,000. LPL Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after buying an additional 2,470,706 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 95.2% in the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after buying an additional 14,410,724 shares in the last quarter. Avantax Advisory Services Inc. grew its position in shares of Schwab US Dividend Equity ETF by 6.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after buying an additional 1,637,300 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Schwab US Dividend Equity ETF by 0.7% in the 1st quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock valued at $491,196,000 after buying an additional 113,330 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.41 on Monday. The stock’s 50-day moving average is $27.33 and its two-hundred day moving average is $26.75. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The firm has a market cap of $71.87 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

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.