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

Cornerstone Wealth Group LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 318.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,026 shares of the company’s stock after purchasing an additional 14,483 shares during the period. Cornerstone Wealth Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $520,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SCHD. Central Pacific Bank Trust Division grew its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $26,000. IFS Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Finally, Olistico Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $28.45 on Tuesday. The firm has a market cap of $19.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average price is $28.10 and its 200 day moving average price is $27.92. 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.