Accel Wealth Management Invests $200,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Accel Wealth Management purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 7,339 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Squarepoint Ops LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 16.7% in the 2nd quarter. Squarepoint Ops LLC now owns 51,222 shares of the company’s stock valued at $3,983,000 after purchasing an additional 7,342 shares during the period. AQR Capital Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at approximately $879,000. Core Wealth Advisors Inc. lifted its position in Schwab US Dividend Equity ETF by 1.9% in the 2nd quarter. Core Wealth Advisors Inc. now owns 15,327 shares of the company’s stock worth $1,192,000 after buying an additional 280 shares in the last quarter. Raab & Moskowitz Asset Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 33.0% during the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 23,015 shares of the company’s stock valued at $1,790,000 after buying an additional 5,704 shares during the period. Finally, Brick & Kyle Associates grew its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after acquiring an additional 130 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

Shares of NYSEARCA:SCHD opened at $28.07 on Friday. The firm has a market cap of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 year high of $29.72. The business has a fifty day simple moving average of $28.10 and a 200 day simple moving average of $27.90.

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.