Wulff Hansen & CO. Purchases 1,605 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wulff Hansen & CO. boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,717 shares of the company’s stock after acquiring an additional 1,605 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.3% of Wulff Hansen & CO.’s investment portfolio, making the stock its 27th largest holding. Wulff Hansen & CO.’s holdings in Schwab US Dividend Equity ETF were worth $1,455,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. Traynor Capital Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 53.6% during the first quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock worth $495,000 after acquiring an additional 2,142 shares during the period. Concurrent Investment Advisors LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 332.8% during the first quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock worth $1,532,000 after buying an additional 14,614 shares in the last quarter. Tidal Investments LLC acquired a new stake in Schwab US Dividend Equity ETF in the 1st quarter valued at approximately $310,000. O Shaughnessy Asset Management LLC lifted its stake in Schwab US Dividend Equity ETF by 576.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 11,859 shares of the company’s stock valued at $956,000 after acquiring an additional 10,106 shares in the last quarter. Finally, Commerce Bank boosted its position in Schwab US Dividend Equity ETF by 34.8% during the 4th quarter. Commerce Bank now owns 37,334 shares of the company’s stock worth $2,842,000 after acquiring an additional 9,636 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.5 %

Shares of SCHD opened at $84.92 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $85.24. The stock has a market capitalization of $59.57 billion, a P/E ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average of $82.28 and a 200-day moving average of $79.69.

About Schwab US Dividend Equity ETF

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.