Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Lifted by Bridgewealth Advisory Group LLC

Bridgewealth Advisory Group LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 118.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 101,954 shares of the company’s stock after buying an additional 55,186 shares during the quarter. Schwab US Dividend Equity ETF comprises about 4.0% of Bridgewealth Advisory Group LLC’s portfolio, making the stock its 7th largest holding. Bridgewealth Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,221,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Raleigh Capital Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $28,000. Voisard Asset Management Group Inc. acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $29,000. Signature Resources Capital Management LLC purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter worth $32,000. Bear Mountain Capital Inc. acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $34,000. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $44,000.

Schwab US Dividend Equity ETF Trading Down 0.5 %

Shares of SCHD traded down $0.35 during trading hours on Monday, reaching $77.41. The company had a trading volume of 5,535,356 shares, compared to its average volume of 3,322,899. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82. The firm has a 50 day simple moving average of $78.12 and a 200-day simple moving average of $77.64. The company has a market capitalization of $54.30 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.