Carolinas Wealth Consulting LLC Has $23.55 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Carolinas Wealth Consulting LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 299,681 shares of the company’s stock after acquiring an additional 7,081 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 4.3% of Carolinas Wealth Consulting LLC’s investment portfolio, making the stock its 5th biggest position. Carolinas Wealth Consulting LLC’s holdings in Schwab US Dividend Equity ETF were worth $23,550,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Archer Investment Corp raised its stake in Schwab US Dividend Equity ETF by 21.7% in the second quarter. Archer Investment Corp now owns 723 shares of the company’s stock valued at $56,000 after purchasing an additional 129 shares in the last quarter. PDS Planning Inc increased its stake in shares of Schwab US Dividend Equity ETF by 2.2% in the first quarter. PDS Planning Inc now owns 6,203 shares of the company’s stock valued at $500,000 after buying an additional 132 shares during the period. SOA Wealth Advisors LLC. increased its stake in shares of Schwab US Dividend Equity ETF by 1.0% in the first quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock valued at $1,062,000 after buying an additional 133 shares during the period. Resonant Capital Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 4.2% in the first quarter. Resonant Capital Advisors LLC now owns 3,316 shares of the company’s stock valued at $267,000 after buying an additional 135 shares during the period. Finally, Retirement Guys Formula LLC increased its stake in shares of Schwab US Dividend Equity ETF by 0.9% in the first quarter. Retirement Guys Formula LLC now owns 15,531 shares of the company’s stock valued at $1,252,000 after buying an additional 141 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $84.09 on Wednesday. The business has a 50 day moving average of $81.84 and a 200-day moving average of $79.51. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $84.59. The company has a market capitalization of $58.99 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.