Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 131,525 shares of the company’s stock after buying an additional 2,521 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $10,234,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHD. Fairfield Financial Advisors LTD purchased a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth about $39,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $209,000. Evergreen Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.7% in the second quarter. Evergreen Advisors LLC now owns 445,174 shares of the company’s stock valued at $34,617,000 after purchasing an additional 15,909 shares during the last quarter. Guardian Wealth Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 4.6% during the 2nd quarter. Guardian Wealth Management Inc. now owns 11,694 shares of the company’s stock worth $909,000 after purchasing an additional 512 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 45.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 58,752 shares of the company’s stock worth $4,569,000 after purchasing an additional 18,220 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $83.36 on Monday. The stock’s 50 day moving average price is $81.56 and its 200 day moving average price is $79.42. The firm has a market cap of $58.48 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $84.57.

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.