Phil A. Younker & Associates Ltd. Grows Stake in Schwab US Dividend Equity ETF $SCHD

Phil A. Younker & Associates Ltd. raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 262,664 shares of the company’s stock after acquiring an additional 82,656 shares during the period. Schwab US Dividend Equity ETF makes up approximately 5.5% of Phil A. Younker & Associates Ltd.’s holdings, making the stock its 7th biggest position. Phil A. Younker & Associates Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $7,171,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kozak & Associates Inc. raised its stake in Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the last quarter. PrairieView Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares during the last quarter. Financial Management Professionals Inc. increased its position in shares of Schwab US Dividend Equity ETF by 241.9% during the 2nd 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. Vaughan Nelson Investment Management L.P. bought a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $39,000. Finally, Independence Bank of Kentucky purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $41,000.

Schwab US Dividend Equity ETF Trading Up 0.5%

Shares of NYSEARCA SCHD opened at $28.55 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $28.84. The firm has a market capitalization of $74.67 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm has a 50 day moving average of $27.41 and a 200 day moving average of $27.26.

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.