Evoke Wealth LLC Invests $209,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Evoke Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,653 shares of the company’s stock, valued at approximately $209,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. Legacy Investment Solutions LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $34,000. Anchor Investment Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after acquiring an additional 428 shares in the last quarter. Stonebridge Financial Planning Group LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.7% during the third quarter. Stonebridge Financial Planning Group LLC now owns 25,276 shares of the company’s stock valued at $2,137,000 after acquiring an additional 430 shares in the last quarter. Bernardo Wealth Planning LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3.8% during the fourth quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock valued at $366,000 after acquiring an additional 498 shares in the last quarter. Finally, CreativeOne Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.8% during the third quarter. CreativeOne Wealth LLC now owns 30,496 shares of the company’s stock valued at $2,578,000 after acquiring an additional 529 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $28.03 on Thursday. The company has a market capitalization of $69.51 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The stock has a 50-day simple moving average of $27.93 and a 200 day simple moving average of $28.13.

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.