Strategic Wealth Investment Group LLC Acquires New Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Strategic Wealth Investment Group LLC acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 1,422 shares of the company’s stock, valued at approximately $39,000.

Other institutional investors have also modified their holdings of the company. Colorado Capital Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after purchasing an additional 121 shares in the last quarter. Ascent Group LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after acquiring an additional 145 shares during the last quarter. Sunflower Bank N.A. boosted its stake in shares of Schwab US Dividend Equity ETF by 4.2% during the 3rd quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after acquiring an additional 185 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 12.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after acquiring an additional 191 shares during the last quarter. Finally, waypoint wealth counsel raised its position in shares of Schwab US Dividend Equity ETF by 0.9% during the third quarter. waypoint wealth counsel now owns 24,844 shares of the company’s stock worth $2,100,000 after purchasing an additional 215 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.4 %

NYSEARCA:SCHD opened at $28.45 on Tuesday. The stock has a fifty day simple moving average of $28.10 and a 200 day simple moving average of $27.92. The firm has a market capitalization of $19.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72.

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.