AE Wealth Management LLC Has $7.53 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

AE Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,893 shares of the company’s stock after buying an additional 3,574 shares during the period. AE Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,534,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SCHD. Central Pacific Bank Trust Division acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth $25,000. Financial Gravity Asset Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the second quarter worth about $25,000. CarsonAllaria Wealth Management Ltd. bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth about $26,000. Iron Horse Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at approximately $26,000. Finally, PFG Private Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at approximately $27,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $84.48 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $85.24. The stock has a market cap of $59.26 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50 day simple moving average of $82.19 and a 200 day simple moving average of $79.63.

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.