Factor Wealth Management LTD Purchases 24,618 Shares of Schwab US Dividend Equity ETF $SCHD

Factor Wealth Management LTD grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.8% in the second quarter, Holdings Channel reports. The fund owned 78,334 shares of the company’s stock after buying an additional 24,618 shares during the quarter. Factor Wealth Management LTD’s holdings in Schwab US Dividend Equity ETF were worth $2,484,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHD. Brighton Jones LLC lifted its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares during the last quarter. Bison Wealth LLC raised its position in shares of Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after buying an additional 155,769 shares in the last quarter. Finally, United Bank lifted its holdings in shares of Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after acquiring an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.2%

SCHD opened at $33.70 on Friday. The firm has a market cap of $104.70 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $34.24. The stock has a 50-day moving average of $32.59 and a 200 day moving average of $31.59.

Schwab US Dividend Equity ETF 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.