Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 115,959 shares of the company’s stock after purchasing an additional 612 shares during the period. Schwab US Dividend Equity ETF comprises about 3.1% of Garden State Investment Advisory Services LLC’s holdings, making the stock its 6th largest position. Garden State Investment Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,122,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Archer Investment Corp increased its position in Schwab US Dividend Equity ETF by 21.7% during the second quarter. Archer Investment Corp now owns 723 shares of the company’s stock worth $56,000 after buying an additional 129 shares during the last quarter. PDS Planning Inc grew its holdings in Schwab US Dividend Equity ETF by 2.2% during the first quarter. PDS Planning Inc now owns 6,203 shares of the company’s stock valued at $500,000 after purchasing an additional 132 shares during the last quarter. SOA Wealth Advisors LLC. grew its holdings in Schwab US Dividend Equity ETF by 1.0% during the first quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock valued at $1,062,000 after purchasing an additional 133 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 4.2% in the first quarter. Resonant Capital Advisors LLC now owns 3,316 shares of the company’s stock worth $267,000 after buying an additional 135 shares during the last quarter. Finally, Retirement Guys Formula LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 0.9% in the first quarter. Retirement Guys Formula LLC now owns 15,531 shares of the company’s stock worth $1,252,000 after buying an additional 141 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $84.48 on Friday. The stock’s 50-day moving average is $82.19 and its 200-day moving average is $79.62. The company has a market cap of $59.26 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $85.24.

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.