195,867 Shares in Schwab US Dividend Equity ETF $SCHD Acquired by Personal CFO Solutions LLC

Personal CFO Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 195,867 shares of the company’s stock, valued at approximately $5,347,000. Schwab US Dividend Equity ETF comprises about 0.9% of Personal CFO Solutions LLC’s portfolio, making the stock its 13th largest position.

Several other hedge funds have also made changes to their positions in the business. Biltmore Family Office LLC boosted its stake in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the last quarter. Independence Bank of Kentucky acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $41,000. True Wealth Design LLC increased its position in Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after purchasing an additional 450 shares during the last quarter. Total Investment Management Inc. purchased a new position in Schwab US Dividend Equity ETF during the second quarter worth approximately $43,000. Finally, Morton Brown Family Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 41.2% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock valued at $45,000 after purchasing an additional 477 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

SCHD stock opened at $31.61 on Friday. The company has a market cap of $83.14 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The business has a fifty day simple moving average of $29.20 and a 200-day simple moving average of $27.92. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.88.

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.