Concurrent Investment Advisors LLC Raises Holdings in Schwab US Dividend Equity ETF $SCHD

Concurrent Investment Advisors LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 15.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 400,330 shares of the company’s stock after purchasing an additional 52,223 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,694,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Byrne Asset Management LLC purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at approximately $27,000. Merrithew & Thorsten Inc bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $25,000. Ashton Thomas Securities LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at $32,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $29,000.

Schwab US Dividend Equity ETF Stock Down 0.8%

Schwab US Dividend Equity ETF stock opened at $34.80 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31. The firm’s fifty day moving average is $33.63 and its 200 day moving average is $32.25. The company has a market cap of $108.12 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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