Valmark Advisers Inc. Buys 17,010 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Valmark Advisers Inc. grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 838,830 shares of the company’s stock after acquiring an additional 17,010 shares during the period. Schwab US Dividend Equity ETF comprises 1.1% of Valmark Advisers Inc.’s investment portfolio, making the stock its 21st biggest position. Valmark Advisers Inc. owned approximately 0.12% of Schwab US Dividend Equity ETF worth $65,227,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of SCHD. AMG National Trust Bank increased its position in Schwab US Dividend Equity ETF by 0.3% in the fourth quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock worth $3,639,000 after buying an additional 130 shares during the last quarter. PDS Planning Inc increased its holdings in Schwab US Dividend Equity ETF by 2.2% in the 1st quarter. PDS Planning Inc now owns 6,203 shares of the company’s stock worth $500,000 after acquiring an additional 132 shares during the last quarter. SOA Wealth Advisors LLC. raised its stake in Schwab US Dividend Equity ETF by 1.0% in the 1st quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock valued at $1,062,000 after acquiring an additional 133 shares during the period. Bogart Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock valued at $364,000 after purchasing an additional 135 shares during the last quarter. Finally, Resonant Capital Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 4.2% during the first quarter. Resonant Capital Advisors LLC now owns 3,316 shares of the company’s stock worth $267,000 after purchasing an additional 135 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.8 %

Shares of NYSEARCA SCHD traded up $0.67 during midday trading on Friday, hitting $84.53. The company’s stock had a trading volume of 2,472,968 shares, compared to its average volume of 3,212,576. The stock has a fifty day moving average price of $80.47 and a 200 day moving average price of $79.00. The firm has a market capitalization of $59.30 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $84.57.

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.