Thurston Springer Miller Herd & Titak Inc. Takes $192,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Thurston Springer Miller Herd & Titak Inc. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 2,473 shares of the company’s stock, valued at approximately $192,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Central Pacific Bank Trust Division purchased a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $25,000. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth approximately $26,000. Voisard Asset Management Group Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Signature Resources Capital Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $32,000. Finally, Westside Investment Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth approximately $32,000.

Schwab US Dividend Equity ETF Trading Up 0.5 %

Shares of SCHD stock traded up $0.37 during midday trading on Tuesday, reaching $79.35. 4,232,781 shares of the stock were exchanged, compared to its average volume of 3,298,445. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $83.19. The company’s 50 day moving average is $78.87 and its two-hundred day moving average is $78.34. The firm has a market cap of $55.66 billion, a PE ratio of 15.04 and a beta of 0.74.

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.