Legacy Capital Wealth Partners LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Legacy Capital Wealth Partners LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 48,224 shares of the company’s stock, valued at approximately $1,278,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Kozak & Associates Inc. increased its holdings in Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares during the last quarter. PrairieView Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares in the last quarter. Financial Management Professionals Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth about $39,000. Finally, Keystone Global Partners LLC acquired a new position in Schwab US Dividend Equity ETF in the first quarter worth $56,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.59 on Friday. The stock has a fifty day moving average of $27.02 and a 200-day moving average of $27.00. The stock has a market capitalization of $71.34 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.58.

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.