Pathway Financial Advisers LLC Has $3.79 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pathway Financial Advisers LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,942 shares of the company’s stock after purchasing an additional 1,720 shares during the period. Schwab US Dividend Equity ETF accounts for 1.4% of Pathway Financial Advisers LLC’s holdings, making the stock its 21st biggest position. Pathway Financial Advisers LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,793,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Next Capital Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 5.9% during the 2nd quarter. Next Capital Management LLC now owns 5,356 shares of the company’s stock worth $416,000 after acquiring an additional 297 shares during the last quarter. EP Wealth Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 12.0% during the second quarter. EP Wealth Advisors LLC now owns 60,935 shares of the company’s stock worth $4,738,000 after acquiring an additional 6,548 shares during the last quarter. Regal Investment Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.0% during the second quarter. Regal Investment Advisors LLC now owns 235,706 shares of the company’s stock worth $18,328,000 after acquiring an additional 4,666 shares during the period. Sunbelt Securities Inc. grew its position in shares of Schwab US Dividend Equity ETF by 6.8% in the second quarter. Sunbelt Securities Inc. now owns 117,507 shares of the company’s stock valued at $9,137,000 after purchasing an additional 7,532 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 11.6% during the 2nd quarter. NewEdge Advisors LLC now owns 437,970 shares of the company’s stock worth $34,057,000 after purchasing an additional 45,388 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $84.54 on Tuesday. The firm has a market cap of $59.30 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The stock’s fifty day moving average price is $82.49 and its two-hundred day moving average price is $79.83. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year 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.