Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,334 shares of the company’s stock after acquiring an additional 5,403 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $17,211,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Central Pacific Bank Trust Division acquired a new position in Schwab US Dividend Equity ETF in the first quarter valued at approximately $25,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at $25,000. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Schwab US Dividend Equity ETF during the first quarter valued at $26,000. Iron Horse Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth about $26,000. Finally, PFG Private Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth about $27,000.

Schwab US Dividend Equity ETF Stock Up 0.9 %

Schwab US Dividend Equity ETF stock opened at $84.12 on Tuesday. The firm has a 50-day moving average price of $81.70 and a two-hundred day moving average price of $79.47. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $84.57. The firm has a market capitalization of $59.01 billion, a price-to-earnings 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.