Studio Investment Management LLC Has $250,000 Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Studio Investment Management LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 41.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,145 shares of the company’s stock after acquiring an additional 924 shares during the quarter. Studio Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $250,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of SCHD. Archer Investment Corp boosted its stake in Schwab US Dividend Equity ETF by 21.7% in the second quarter. Archer Investment Corp now owns 723 shares of the company’s stock worth $56,000 after purchasing an additional 129 shares in the last quarter. AMG National Trust Bank lifted its position in Schwab US Dividend Equity ETF by 0.3% during the 4th 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 in the last quarter. PDS Planning Inc grew its holdings in Schwab US Dividend Equity ETF by 2.2% during 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. increased its position 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 in the last quarter. Finally, Resonant Capital Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 4.2% in the first quarter. Resonant Capital Advisors LLC now owns 3,316 shares of the company’s stock worth $267,000 after acquiring an additional 135 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.1 %

Shares of SCHD stock opened at $83.06 on Wednesday. The firm has a market capitalization of $58.27 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm’s 50 day moving average is $81.22 and its 200-day moving average is $79.31. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $84.57.

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.