29,537 Shares in Schwab US Dividend Equity ETF $SCHD Bought by Immaculate Wealth Management LLC

Immaculate Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 29,537 shares of the company’s stock, valued at approximately $906,000. Schwab US Dividend Equity ETF makes up about 7.2% of Immaculate Wealth Management LLC’s holdings, making the stock its 6th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BIP Wealth LLC bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $1,589,000. Freestone Capital Holdings LLC grew its holdings in Schwab US Dividend Equity ETF by 62.7% during the 4th quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock worth $1,174,000 after acquiring an additional 16,486 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in Schwab US Dividend Equity ETF by 18.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock worth $14,369,000 after acquiring an additional 82,981 shares during the last quarter. Capital Investment Advisory Services LLC increased its position in Schwab US Dividend Equity ETF by 21.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 138,503 shares of the company’s stock valued at $3,799,000 after acquiring an additional 24,551 shares during the period. Finally, Carnegie Investment Counsel increased its position in Schwab US Dividend Equity ETF by 28.9% in the 4th quarter. Carnegie Investment Counsel now owns 470,751 shares of the company’s stock valued at $12,913,000 after acquiring an additional 105,601 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $33.47 on Friday. The company has a market capitalization of $103.72 billion, a P/E ratio of 14.57 and a beta of 0.68. The company has a fifty day moving average price of $32.51 and a 200-day moving average price of $31.43. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $34.24.

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.