Silver Oak Securities Incorporated Acquires 68,055 Shares of Schwab US Dividend Equity ETF $SCHD

Silver Oak Securities Incorporated lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 398,449 shares of the company’s stock after purchasing an additional 68,055 shares during the period. Schwab US Dividend Equity ETF comprises 0.9% of Silver Oak Securities Incorporated’s holdings, making the stock its 25th biggest position. Silver Oak Securities Incorporated’s holdings in Schwab US Dividend Equity ETF were worth $12,224,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fiduciary Alliance LLC increased its holdings in Schwab US Dividend Equity ETF by 18.0% during the first quarter. Fiduciary Alliance LLC now owns 386,220 shares of the company’s stock valued at $11,838,000 after buying an additional 59,047 shares during the period. Arta Finance Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 26.9% in the first quarter. Arta Finance Wealth Management LLC now owns 11,880 shares of the company’s stock worth $364,000 after buying an additional 2,521 shares in the last quarter. Cardinal Point Capital Management ULC purchased a new stake in Schwab US Dividend Equity ETF during the first quarter worth $634,000. Ritholtz Wealth Management lifted its holdings in Schwab US Dividend Equity ETF by 98.1% during the first quarter. Ritholtz Wealth Management now owns 18,421 shares of the company’s stock worth $565,000 after buying an additional 9,120 shares during the period. Finally, Breakwater Capital Group boosted its position in Schwab US Dividend Equity ETF by 13.8% during the 1st quarter. Breakwater Capital Group now owns 25,372 shares of the company’s stock valued at $778,000 after acquiring an additional 3,076 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.9%

Shares of NYSEARCA SCHD opened at $31.72 on Thursday. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.92. The stock’s fifty day simple moving average is $31.90 and its two-hundred day simple moving average is $30.52. The stock has a market capitalization of $90.04 billion, a PE ratio of 14.57 and a beta of 0.67.

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.