Investors Research Corp Boosts Holdings in Schwab US Dividend Equity ETF $SCHD

Investors Research Corp boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 244,259 shares of the company’s stock after acquiring an additional 15,122 shares during the period. Schwab US Dividend Equity ETF comprises 1.3% of Investors Research Corp’s portfolio, making the stock its 17th largest holding. Investors Research Corp’s holdings in Schwab US Dividend Equity ETF were worth $6,473,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Opal Wealth Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth approximately $27,000. Cooksen Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $38,000. Optimum Investment Advisors increased its position in Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after buying an additional 505 shares in the last quarter. MTM Investment Management LLC purchased a new position in Schwab US Dividend Equity ETF during the first quarter worth $40,000. Finally, Westside Investment Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 3,666.7% in the first quarter. Westside Investment Management Inc. now owns 1,469 shares of the company’s stock worth $41,000 after acquiring an additional 1,430 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.9%

SCHD opened at $27.48 on Friday. The firm has a market cap of $71.68 billion, a P/E ratio of 14.57 and a beta of 0.88. The business’s fifty day simple moving average is $27.30 and its 200 day simple moving average is $26.83. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72.

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.