46,915 Shares of Schwab US Dividend Equity ETF $SCHD Purchased by Modera Wealth Management LLC

Modera Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 46,915 shares of the company’s stock, valued at approximately $1,526,000.

A number of other institutional investors have also recently made changes to their positions in SCHD. Byrne Asset Management LLC bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth $27,000. Livelsberger Financial Advisory bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $28,000. Ashton Thomas Securities LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth $32,000. Finally, Signature Resources Capital Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 53.8% during the first quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock valued at $44,000 after purchasing an additional 500 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $35.78 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $36.10. The company has a market cap of $120.80 billion, a P/E ratio of 14.57 and a beta of 0.68. The stock’s fifty day moving average price is $34.13 and its 200-day moving average price is $32.32.

Schwab US Dividend Equity ETF 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.