Schwab US Dividend Equity ETF $SCHD Shares Purchased by Whitaker Myers Wealth Managers LTD.

Whitaker Myers Wealth Managers LTD. boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,042,013 shares of the company’s stock after purchasing an additional 61,308 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 5.5% of Whitaker Myers Wealth Managers LTD.’s investment portfolio, making the stock its 5th largest holding. Whitaker Myers Wealth Managers LTD.’s holdings in Schwab US Dividend Equity ETF were worth $33,042,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHD. MeadowBrook Investment Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 3.3% during the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after buying an additional 325 shares during the period. Semus Wealth Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 0.7% in the 1st quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after acquiring an additional 347 shares during the period. Harmony Asset Management LLC raised its position in Schwab US Dividend Equity ETF by 3.8% in the first quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after purchasing an additional 354 shares during the period. Colorado Capital Management Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after buying an additional 362 shares during the period. Finally, Commonwealth Financial Services LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.8% in the first quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock valued at $639,000 after buying an additional 374 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $33.90 on Friday. The firm has a market cap of $105.32 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $34.24. The stock has a 50-day simple moving average of $32.62 and a 200-day simple moving average of $31.61.

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.