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

Strategic Wealth Management Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 524,482 shares of the company’s stock after purchasing an additional 33,380 shares during the quarter. Schwab US Dividend Equity ETF makes up about 21.2% of Strategic Wealth Management Group LLC’s investment portfolio, making the stock its biggest holding. Strategic Wealth Management Group LLC owned 0.29% of Schwab US Dividend Equity ETF worth $27,834,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Lido Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the first quarter valued at $323,000. Flagship Harbor Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 299.4% in the first quarter. Flagship Harbor Advisors LLC now owns 16,422 shares of the company’s stock valued at $858,000 after acquiring an additional 12,310 shares during the last quarter. USAdvisors Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 2.9% in the first quarter. USAdvisors Wealth Management LLC now owns 233,396 shares of the company’s stock valued at $12,202,000 after acquiring an additional 6,480 shares during the last quarter. Fundamentun LLC acquired a new stake in Schwab US Dividend Equity ETF in the first quarter valued at $6,942,000. Finally, BHK Investment Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the first quarter valued at $1,440,000.

SCHD stock traded up $0.18 during trading hours on Friday, reaching $54.96. The stock had a trading volume of 9,307 shares, compared to its average volume of 875,732. The company’s 50-day moving average is $53.38. Schwab US Dividend Equity ETF has a fifty-two week low of $44.03 and a fifty-two week high of $54.96.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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