Koshinski Asset Management Inc. Increases Holdings in Schwab US Dividend Equity ETF $SCHD

Koshinski Asset Management Inc. lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 577,002 shares of the company’s stock after purchasing an additional 68,493 shares during the quarter. Schwab US Dividend Equity ETF comprises 1.1% of Koshinski Asset Management Inc.’s holdings, making the stock its 17th largest position. Koshinski Asset Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $15,291,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of SCHD. Brighton Jones LLC raised its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after acquiring an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares in the last quarter. Bison Wealth LLC raised its position in Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after acquiring an additional 309,400 shares in the last quarter. Johnson Investment Counsel Inc. raised its position in Schwab US Dividend Equity ETF by 7.2% during the first quarter. Johnson Investment Counsel Inc. now owns 130,687 shares of the company’s stock valued at $3,654,000 after acquiring an additional 8,743 shares in the last quarter. Finally, Janney Capital Management LLC raised its position in Schwab US Dividend Equity ETF by 0.8% during the first quarter. Janney Capital Management LLC now owns 68,751 shares of the company’s stock valued at $1,922,000 after acquiring an additional 557 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8%

Shares of SCHD stock opened at $26.79 on Friday. The stock has a 50 day moving average of $27.36 and a 200 day moving average of $26.70. The stock has a market cap of $69.80 billion, a P/E ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month 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.