Cahill Financial Advisors Inc. Buys 19,570 Shares of Schwab US Dividend Equity ETF $SCHD

Cahill Financial Advisors Inc. boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 304,954 shares of the company’s stock after buying an additional 19,570 shares during the period. Schwab US Dividend Equity ETF makes up approximately 0.9% of Cahill Financial Advisors Inc.’s portfolio, making the stock its 23rd biggest position. Cahill Financial Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $8,325,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Ellis Investment Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after purchasing an additional 375 shares during the period. Madden Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 0.3% during the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock valued at $3,003,000 after purchasing an additional 383 shares in the last quarter. Harbor Group Inc. raised its holdings in Schwab US Dividend Equity ETF by 4.8% during the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after buying an additional 383 shares during the last quarter. Bellevue Asset Management LLC raised its holdings in Schwab US Dividend Equity ETF by 1.2% during the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after buying an additional 389 shares during the last quarter. Finally, Narwhal Capital Management lifted its stake in shares of Schwab US Dividend Equity ETF by 1.1% in the second quarter. Narwhal Capital Management now owns 36,495 shares of the company’s stock valued at $967,000 after buying an additional 400 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $29.37 on Friday. The firm has a 50-day moving average of $28.02 and a 200-day moving average of $27.45. The company has a market cap of $77.11 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.79.

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.