Fiscal Wisdom Wealth Management LLC Invests $2.33 Million in Schwab US Dividend Equity ETF $SCHD

Fiscal Wisdom Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 86,335 shares of the company’s stock, valued at approximately $2,330,000. Schwab US Dividend Equity ETF accounts for 2.2% of Fiscal Wisdom Wealth Management LLC’s investment portfolio, making the stock its 9th largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHD. Rakuten Investment Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $1,127,144,000. Cibc World Market Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 243.5% during the 3rd quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock worth $145,471,000 after acquiring an additional 3,777,339 shares in the last quarter. Osaic Holdings Inc. lifted its position in Schwab US Dividend Equity ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after acquiring an additional 1,217,005 shares during the last quarter. DDD Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 3,673.0% in the second quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after acquiring an additional 1,164,306 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Schwab US Dividend Equity ETF by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after purchasing an additional 1,083,206 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $31.56 on Thursday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.88. The business has a fifty day moving average price of $29.04 and a 200-day moving average price of $27.86. The stock has a market capitalization of $83.01 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.