ForthRight Wealth Management LLC Has $34.37 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

ForthRight Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,258,987 shares of the company’s stock after buying an additional 53,471 shares during the period. Schwab US Dividend Equity ETF accounts for 10.0% of ForthRight Wealth Management LLC’s holdings, making the stock its 2nd largest position. ForthRight Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $34,370,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Advisory Resource Group raised its holdings in shares of Schwab US Dividend Equity ETF by 4.4% in the 2nd quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock valued at $1,577,000 after acquiring an additional 2,520 shares in the last quarter. First Command Advisory Services Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 7.6% in the 3rd quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock worth $30,222,000 after purchasing an additional 77,785 shares in the last quarter. BG Investment Services Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 82.8% in the 3rd quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after purchasing an additional 28,109 shares in the last quarter. DMKC Advisory Services LLC increased its position in shares of Schwab US Dividend Equity ETF by 10.6% during the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock valued at $5,997,000 after purchasing an additional 20,989 shares during the last quarter. Finally, Insight Inv LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $682,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $31.61 on Friday. The firm has a market cap of $83.14 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock has a 50 day simple moving average of $28.80 and a two-hundred day simple moving average of $27.75. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.77.

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.