Vanguard Capital Wealth Advisors Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Vanguard Capital Wealth Advisors increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 82.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,659 shares of the company’s stock after buying an additional 2,112 shares during the period. Vanguard Capital Wealth Advisors’ holdings in Schwab US Dividend Equity ETF were worth $362,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Wealthgarden F.S. LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth about $1,958,000. Idaho Trust Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth about $211,000. Eagle Strategies LLC boosted its position in shares of Schwab US Dividend Equity ETF by 595.9% in the 2nd quarter. Eagle Strategies LLC now owns 140,682 shares of the company’s stock worth $10,939,000 after buying an additional 120,467 shares in the last quarter. PFG Advisors boosted its position in shares of Schwab US Dividend Equity ETF by 1.7% in the 2nd quarter. PFG Advisors now owns 236,618 shares of the company’s stock worth $18,399,000 after buying an additional 4,069 shares in the last quarter. Finally, BOKF NA boosted its position in shares of Schwab US Dividend Equity ETF by 8.7% in the 2nd quarter. BOKF NA now owns 453,502 shares of the company’s stock worth $35,264,000 after buying an additional 36,155 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.6 %

Shares of SCHD stock opened at $82.54 on Thursday. The firm has a 50-day moving average price of $81.33 and a 200 day moving average price of $79.33. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $84.57. The company has a market capitalization of $57.90 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.