Schwab US Dividend Equity ETF $SCHD Shares Purchased by MBA Advisors LLC

MBA Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 358,869 shares of the company’s stock after purchasing an additional 20,128 shares during the quarter. Schwab US Dividend Equity ETF comprises about 3.7% of MBA Advisors LLC’s holdings, making the stock its 7th largest position. MBA Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,380,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SCHD. Brighton Jones LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares in the last quarter. Bison Wealth LLC increased its stake in Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares during the period. Goldman Sachs Group Inc. increased its stake in Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after buying an additional 155,769 shares during the period. Finally, United Bank increased its position in shares of Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after acquiring an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $35.01 on Thursday. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31. The business’s 50-day moving average is $33.51 and its two-hundred day moving average is $32.21. The firm has a market capitalization of $108.77 billion, a P/E ratio of 14.57 and a beta of 0.67.

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.