Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 134.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 44,668 shares of the company’s stock after acquiring an additional 25,642 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,249,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Ritter Daniher Financial Advisory LLC DE boosted its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after acquiring an additional 650 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in Schwab US Dividend Equity ETF during the first quarter worth approximately $27,000. Moisand Fitzgerald Tamayo LLC raised its stake in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares during the period. PFG Private Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares during the period. Finally, Mountain Hill Investment Partners Corp. purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $29,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $26.70 on Tuesday. The company has a market cap of $69.42 billion, a P/E ratio of 14.34 and a beta of 0.80. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm’s 50 day moving average is $26.12 and its two-hundred day moving average is $27.06.

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.