Schwab US Dividend Equity ETF $SCHD is MJT & Associates Financial Advisory Group Inc.’s 3rd Largest Position

MJT & Associates Financial Advisory Group Inc. increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 29.4% during the third quarter, HoldingsChannel reports. The firm owned 758,396 shares of the company’s stock after buying an additional 172,335 shares during the period. Schwab US Dividend Equity ETF comprises 16.8% of MJT & Associates Financial Advisory Group Inc.’s portfolio, making the stock its 3rd biggest holding. MJT & Associates Financial Advisory Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $20,704,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. MOKAN Wealth Management Inc. increased its position in Schwab US Dividend Equity ETF by 4.9% during the second quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after acquiring an additional 6,985 shares during the last quarter. Advisory Resource Group boosted its position 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 during the last quarter. Welch Group LLC grew its stake in shares of Schwab US Dividend Equity ETF by 44.7% during the 2nd quarter. Welch Group LLC now owns 11,724 shares of the company’s stock valued at $311,000 after purchasing an additional 3,624 shares during the period. AE Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 13.2% during the 2nd quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock valued at $8,509,000 after purchasing an additional 37,403 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $2,494,000.

Schwab US Dividend Equity ETF Stock Down 0.3%

Shares of NYSEARCA:SCHD opened at $27.54 on Wednesday. The stock has a market capitalization of $71.21 billion, a PE ratio of 14.57 and a beta of 0.77. The firm’s 50 day moving average price is $27.17 and its 200-day moving average price is $27.17. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $28.84.

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.