Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Raised by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,175 shares of the company’s stock after buying an additional 180 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $247,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Traynor Capital Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 53.6% in the first quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock valued at $495,000 after buying an additional 2,142 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in Schwab US Dividend Equity ETF by 332.8% during the 1st quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock worth $1,532,000 after purchasing an additional 14,614 shares in the last quarter. Tidal Investments LLC purchased a new position in Schwab US Dividend Equity ETF during the 1st quarter worth approximately $310,000. Apexium Financial LP grew its position in Schwab US Dividend Equity ETF by 27.0% during the 4th quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock worth $21,856,000 after purchasing an additional 60,972 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its position in Schwab US Dividend Equity ETF by 576.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 11,859 shares of the company’s stock worth $956,000 after purchasing an additional 10,106 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.5 %

Shares of Schwab US Dividend Equity ETF stock traded up $0.37 on Friday, hitting $81.96. 2,131,706 shares of the company traded hands, compared to its average volume of 3,262,148. The company has a 50-day moving average price of $79.34 and a 200 day moving average price of $78.54. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $83.19. The company has a market cap of $57.49 billion, a PE ratio of 15.04 and a beta of 0.74.

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.