Foguth Wealth Management LLC. Invests $4.36 Million in Schwab US Dividend Equity ETF $SCHD

Foguth Wealth Management LLC. purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 157,252 shares of the company’s stock, valued at approximately $4,361,000.

Several other large investors have also recently bought and sold shares of the stock. Biltmore Family Office LLC lifted its position in shares of Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares during the period. Triumph Capital Management bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $33,000. KERR FINANCIAL PLANNING Corp acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $35,000. Reyes Financial Architecture Inc. lifted its position in Schwab US Dividend Equity ETF by 1,903.1% during the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares during the period. Finally, Turning Point Benefit Group Inc. bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $36,000.

Schwab US Dividend Equity ETF Stock Up 0.0%

Shares of Schwab US Dividend Equity ETF stock opened at $30.59 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.95. The company has a market capitalization of $80.46 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm’s 50-day moving average price is $30.53 and its two-hundred day moving average price is $28.42.

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.