Schwab US Dividend Equity ETF $SCHD Shares Bought by Modern Wealth Management LLC

Modern Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 27.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 294,294 shares of the company’s stock after buying an additional 63,244 shares during the quarter. Modern Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,034,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SCHD. Chapman Financial Group LLC raised its stake in shares of Schwab US Dividend Equity ETF by 24.1% in the 3rd quarter. Chapman Financial Group LLC now owns 63,516 shares of the company’s stock valued at $1,734,000 after acquiring an additional 12,339 shares during the period. Per Stirling Capital Management LLC. boosted its position in shares of Schwab US Dividend Equity ETF by 4.0% during the 3rd quarter. Per Stirling Capital Management LLC. now owns 262,410 shares of the company’s stock worth $7,164,000 after purchasing an additional 10,087 shares during the period. Walled Lake Planning & Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 7.4% during the 3rd quarter. Walled Lake Planning & Wealth Management LLC now owns 449,626 shares of the company’s stock worth $12,275,000 after purchasing an additional 30,936 shares during the period. LOM Asset Management Ltd increased its holdings in Schwab US Dividend Equity ETF by 11.5% in the 3rd quarter. LOM Asset Management Ltd now owns 8,640 shares of the company’s stock valued at $236,000 after purchasing an additional 890 shares during the last quarter. Finally, Integrity Advisory Solutions LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $435,000.

Schwab US Dividend Equity ETF Stock Down 0.4%

Shares of NYSEARCA SCHD opened at $31.13 on Friday. The business’s 50 day moving average is $29.98 and its two-hundred day moving average is $28.24. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.95. The firm has a market cap of $81.88 billion, a price-to-earnings 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.