Van Cleef Asset Management Inc Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Van Cleef Asset Management Inc increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 21.9% in the second quarter, Holdings Channel reports. The firm owned 9,656 shares of the company’s stock after acquiring an additional 1,733 shares during the period. Van Cleef Asset Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $751,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division purchased a new stake in Schwab US Dividend Equity ETF during the 1st quarter worth $25,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at approximately $25,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth approximately $26,000. Iron Horse Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth $26,000. Finally, PFG Private Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the second quarter valued at $27,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $83.06 on Wednesday. The firm has a fifty day moving average of $81.22 and a two-hundred day moving average of $79.31. The firm has a market cap of $58.27 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.

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.