Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is American Financial Advisors LLC’s 9th Largest Position

American Financial Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 362,959 shares of the company’s stock after acquiring an additional 17,834 shares during the period. Schwab US Dividend Equity ETF comprises about 4.0% of American Financial Advisors LLC’s portfolio, making the stock its 9th largest position. American Financial Advisors LLC owned approximately 0.05% of Schwab US Dividend Equity ETF worth $28,224,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Central Pacific Bank Trust Division bought a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth $25,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at about $26,000. Iron Horse Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter valued at about $26,000. PFG Private Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $27,000. Finally, Olistico Wealth LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $28,000.

Schwab US Dividend Equity ETF Trading Up 1.4 %

Shares of SCHD traded up $1.14 during midday trading on Friday, hitting $83.48. 2,484,779 shares of the company’s stock traded hands, compared to its average volume of 3,234,457. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $83.56. The firm’s fifty day moving average is $79.87 and its 200-day moving average is $78.74. The stock has a market capitalization of $58.56 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.