Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 26.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 59,860 shares of the company’s stock after acquiring an additional 12,515 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,827,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Charles Schwab Investment Advisory Inc. grew its position in shares of Schwab US Dividend Equity ETF by 0.4% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 9,721,361 shares of the company’s stock worth $783,833,000 after buying an additional 40,493 shares in the last quarter. Avantax Advisory Services Inc. grew its position in shares of Schwab US Dividend Equity ETF by 4.0% during the first quarter. Avantax Advisory Services Inc. now owns 7,775,195 shares of the company’s stock worth $626,914,000 after buying an additional 299,496 shares in the last quarter. Sumitomo Life Insurance Co. grew its position in shares of Schwab US Dividend Equity ETF by 110.7% during the first quarter. Sumitomo Life Insurance Co. now owns 6,320,000 shares of the company’s stock worth $471,352,000 after buying an additional 3,320,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Schwab US Dividend Equity ETF by 11.8% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 5,712,485 shares of the company’s stock worth $460,598,000 after buying an additional 604,844 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Schwab US Dividend Equity ETF by 7.1% during the first quarter. Commonwealth Equity Services LLC now owns 4,444,733 shares of the company’s stock worth $358,379,000 after buying an additional 292,782 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.3 %

SCHD traded down $0.22 on Wednesday, reaching $82.58. The company’s stock had a trading volume of 3,183,887 shares, compared to its average volume of 3,270,942. The stock has a 50 day moving average of $78.66 and a two-hundred day moving average of $78.19. The company has a market capitalization of $57.93 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $83.19.

Schwab US Dividend Equity ETF Company 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.