Schwab US Dividend Equity ETF $SCHD Shares Bought by DMKC Advisory Services LLC

DMKC Advisory Services LLC raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 32.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 468,762 shares of the company’s stock after purchasing an additional 114,375 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 2.8% of DMKC Advisory Services LLC’s portfolio, making the stock its 9th largest holding. DMKC Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $14,864,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Mountain Hill Investment Partners Corp. grew its stake in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $25,000. Field & Main Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Dynamic Wealth Strategies LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $29,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $32,000.

Schwab US Dividend Equity ETF Trading Down 0.6%

Shares of Schwab US Dividend Equity ETF stock opened at $33.64 on Thursday. The company has a fifty day moving average price of $32.57 and a 200 day moving average price of $31.56. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $34.24. The stock has a market cap of $104.51 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.