SageGuard Financial Group LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

SageGuard Financial Group LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 113,284 shares of the company’s stock, valued at approximately $3,107,000.

Several other institutional investors have also added to or reduced their stakes in the company. Rakuten Investment Management Inc. bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $1,127,144,000. Sumitomo Life Insurance Co. bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $847,665,000. Avantax Planning Partners Inc. lifted its stake in Schwab US Dividend Equity ETF by 3.0% in the third quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after purchasing an additional 280,277 shares during the last quarter. Cerity Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 18.0% in the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after purchasing an additional 1,005,469 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 2.5% in the third quarter. Cassaday & Co Wealth Management LLC now owns 6,073,520 shares of the company’s stock worth $165,807,000 after purchasing an additional 150,965 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1%

SCHD stock opened at $31.03 on Tuesday. The business’s fifty day simple moving average is $31.02 and its two-hundred day simple moving average is $28.94. Schwab US Dividend Equity ETF has a twelve month low of $24.76 and a twelve month high of $31.95. The firm has a market cap of $87.21 billion, a price-to-earnings ratio of 14.57 and a beta of 0.70.

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.