Wedmont Private Capital Raises Position in Schwab US Dividend Equity ETF $SCHD

Wedmont Private Capital raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 121.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 222,110 shares of the company’s stock after acquiring an additional 121,591 shares during the quarter. Wedmont Private Capital’s holdings in Schwab US Dividend Equity ETF were worth $7,196,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SCHD. Byrne Asset Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth approximately $27,000. Dynamic Wealth Strategies LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth approximately $29,000. Ashton Thomas Securities LLC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at $32,000. Finally, Triumph Capital Management acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $33,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $34.80 on Monday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31. The stock’s fifty day moving average is $33.63 and its two-hundred day moving average is $32.25. The firm has a market capitalization of $108.12 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.