25,668 Shares in Schwab US Dividend Equity ETF $SCHD Bought by V. M. Manning & CO. Inc.

V. M. Manning & CO. Inc. purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the second quarter, HoldingsChannel reports. The fund purchased 25,668 shares of the company’s stock, valued at approximately $716,000. Schwab US Dividend Equity ETF accounts for 0.8% of V. M. Manning & CO. Inc.’s portfolio, making the stock its 26th largest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC acquired a new stake in Schwab US Dividend Equity ETF during the second quarter worth about $1,031,129,000. RMG Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $132,621,000. Osaic Holdings Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after purchasing an additional 1,217,005 shares in the last quarter. DDD Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 3,673.0% during the second quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after purchasing an additional 1,164,306 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after purchasing an additional 1,083,206 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.68 on Monday. The stock has a market cap of $71.58 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84. The stock has a fifty day moving average price of $27.09 and a 200 day moving average price of $27.11.

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.