Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Increased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% in the second quarter, Holdings Channel reports. The institutional investor owned 221,334 shares of the company’s stock after acquiring an additional 5,403 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $17,211,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Traynor Capital Management Inc. increased its position in 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 buying an additional 2,142 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 332.8% in 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 during the last quarter. Tidal Investments LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter worth $310,000. O Shaughnessy Asset Management LLC grew 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 buying an additional 10,106 shares during the last quarter. Finally, Commerce Bank raised its holdings in Schwab US Dividend Equity ETF by 34.8% in 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 period.

Schwab US Dividend Equity ETF Stock Up 0.9 %

SCHD opened at $84.12 on Tuesday. The stock’s 50 day moving average price is $81.70 and its two-hundred day moving average price is $79.47. The firm has a market capitalization of $59.01 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $84.57.

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.