LRI Investments LLC Invests $110,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

LRI Investments LLC acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,365 shares of the company’s stock, valued at approximately $110,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Traynor Capital Management Inc. increased its stake in Schwab US Dividend Equity ETF by 53.6% in the first quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock valued at $495,000 after acquiring an additional 2,142 shares during the period. Concurrent Investment Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 332.8% in the first quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock valued at $1,532,000 after acquiring an additional 14,614 shares during the period. Apexium Financial LP increased its stake in Schwab US Dividend Equity ETF by 27.0% in the fourth quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock valued at $21,856,000 after acquiring an additional 60,972 shares during the period. O Shaughnessy Asset Management LLC increased its stake in Schwab US Dividend Equity ETF by 576.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 11,859 shares of the company’s stock valued at $956,000 after acquiring an additional 10,106 shares during the period. Finally, Commerce Bank increased its stake in Schwab US Dividend Equity ETF by 34.8% in the fourth quarter. Commerce Bank now owns 37,334 shares of the company’s stock valued at $2,842,000 after acquiring an additional 9,636 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.2 %

Shares of Schwab US Dividend Equity ETF stock opened at $80.78 on Friday. The stock has a market capitalization of $56.67 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $83.19. The firm’s 50-day moving average price is $78.85 and its two-hundred day moving average price is $78.28.

Schwab US Dividend Equity ETF Company 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.