MainStreet Investment Advisors LLC Purchases 26,250 Shares of Schwab US Dividend Equity ETF $SCHD

MainStreet Investment Advisors LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 63.5% in the third quarter, HoldingsChannel.com reports. The fund owned 67,610 shares of the company’s stock after buying an additional 26,250 shares during the period. MainStreet Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its position in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC grew its holdings in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after buying an additional 155,769 shares during the period. Finally, United Bank lifted its holdings in shares of Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after buying an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $31.61 on Monday. The firm has a 50-day moving average of $29.20 and a 200-day moving average of $27.93. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.88. The stock has a market cap of $83.14 billion, a PE ratio of 14.57 and a beta of 0.77.

Schwab US Dividend Equity ETF Company 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.