Swmg LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Swmg LLC purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 39,355 shares of the company’s stock, valued at approximately $1,393,000.

A number of other institutional investors have also made changes to their positions in SCHD. Valley National Advisers Inc. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $9,083,000. Bernardo Wealth Planning LLC grew its holdings in Schwab US Dividend Equity ETF by 55.7% during the third quarter. Bernardo Wealth Planning LLC now owns 42,994 shares of the company’s stock valued at $1,399,000 after purchasing an additional 15,381 shares during the period. Richardson Capital Management LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $12,896,000. Norris Perne & French LLP MI acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $221,000. Finally, Signaturefd LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $1,097,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $35.27 on Monday. The firm’s fifty day moving average is $34.07 and its two-hundred day moving average is $32.92. The firm has a market cap of $118.44 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.45.

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.