Cornerstone Wealth LLC TN Takes $515,000 Position in Schwab US Dividend Equity ETF $SCHD

Cornerstone Wealth LLC TN purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,458 shares of the company’s stock, valued at approximately $515,000.

A number of other large investors also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. lifted its holdings in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $25,000. Field & Main Bank purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at about $29,000. Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth about $29,000. Finally, Ashton Thomas Securities LLC purchased a new stake in Schwab US Dividend Equity ETF during the 1st quarter worth approximately $32,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $33.83 on Thursday. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $34.24. The business has a fifty day moving average price of $32.47 and a 200 day moving average price of $31.39. The company has a market cap of $104.48 billion, a P/E 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.