Legacy Wealth Advisors LLC Takes Position in Schwab US Dividend Equity ETF $SCHD

Legacy Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 80,500 shares of the company’s stock, valued at approximately $2,470,000. Schwab US Dividend Equity ETF accounts for about 1.3% of Legacy Wealth Advisors LLC’s holdings, making the stock its 14th biggest holding.

Several other institutional investors also recently modified their holdings of the business. Brighton Jones LLC boosted its stake in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares in the last quarter. Bison Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares during the last quarter. Finally, United Bank boosted its position in shares of Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after purchasing an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

Schwab US Dividend Equity ETF stock opened at $32.91 on Friday. The company has a market capitalization of $100.39 billion, a P/E ratio of 14.57 and a beta of 0.68. The stock’s 50 day moving average is $32.26 and its 200 day moving average is $31.06. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $33.50.

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.