Financial Solutions Advisory Group Inc. Invests $3.23 Million in Schwab US Dividend Equity ETF $SCHD

Financial Solutions Advisory Group Inc. purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the first quarter, Holdings Channel reports. The firm purchased 105,289 shares of the company’s stock, valued at approximately $3,230,000.

Several other large investors also recently bought and sold shares of SCHD. BIP Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $1,589,000. Freestone Capital Holdings LLC boosted its stake in Schwab US Dividend Equity ETF by 62.7% during the fourth quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock worth $1,174,000 after buying an additional 16,486 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in Schwab US Dividend Equity ETF by 18.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after buying an additional 82,981 shares in the last quarter. Capital Investment Advisory Services LLC grew its holdings in Schwab US Dividend Equity ETF by 21.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 138,503 shares of the company’s stock valued at $3,799,000 after buying an additional 24,551 shares in the last quarter. Finally, Carnegie Investment Counsel increased its stake in shares of Schwab US Dividend Equity ETF by 28.9% in the 4th quarter. Carnegie Investment Counsel now owns 470,751 shares of the company’s stock worth $12,913,000 after acquiring an additional 105,601 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.2%

NYSEARCA SCHD opened at $33.47 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $34.24. The business’s fifty day simple moving average is $32.51 and its 200-day simple moving average is $31.43. The firm has a market cap of $103.72 billion, a PE ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Company 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.