Herold Advisors Inc. Has $446,000 Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Herold Advisors Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 29.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,738 shares of the company’s stock after purchasing an additional 1,321 shares during the quarter. Herold Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $446,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SCHD. Sumitomo Life Insurance Co. increased its holdings in Schwab US Dividend Equity ETF by 110.7% during the 1st quarter. Sumitomo Life Insurance Co. now owns 6,320,000 shares of the company’s stock worth $471,352,000 after purchasing an additional 3,320,000 shares in the last quarter. Charles Schwab Trust Bank bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth about $146,782,000. Focus Financial Network Inc. ADV acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $95,831,000. Diversified LLC raised its position in Schwab US Dividend Equity ETF by 493.3% in the 1st quarter. Diversified LLC now owns 1,128,581 shares of the company’s stock valued at $90,997,000 after buying an additional 938,356 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in Schwab US Dividend Equity ETF by 53.1% in the 1st quarter. Cetera Investment Advisers now owns 2,104,047 shares of the company’s stock valued at $169,649,000 after acquiring an additional 729,602 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded up $1.18 during mid-day trading on Friday, hitting $83.52. 2,488,773 shares of the company’s stock were exchanged, compared to its average volume of 3,234,457. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $83.56. The company has a market cap of $58.59 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a 50-day simple moving average of $79.87 and a 200 day simple moving average of $78.74.

Schwab US Dividend Equity ETF Company 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.