Sigma Investment Counselors Inc. Raises Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Sigma Investment Counselors Inc. grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,243 shares of the company’s stock after buying an additional 1,648 shares during the quarter. Sigma Investment Counselors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $589,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $1,031,129,000. Wealthspire Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth approximately $132,621,000. LPL Financial LLC raised its stake in Schwab US Dividend Equity ETF by 6.8% in the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after purchasing an additional 2,470,706 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 37.5% in the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after purchasing an additional 2,069,007 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.8%

Shares of SCHD opened at $26.79 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The stock has a market cap of $69.65 billion, a PE ratio of 14.57 and a beta of 0.88. The firm’s fifty day moving average is $27.36 and its two-hundred day moving average is $26.70.

Schwab US Dividend Equity ETF 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.