Foguth Wealth Management LLC. Has $17.08 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Foguth Wealth Management LLC. increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 234.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 525,475 shares of the company’s stock after purchasing an additional 368,223 shares during the period. Schwab US Dividend Equity ETF makes up 2.1% of Foguth Wealth Management LLC.’s investment portfolio, making the stock its 11th biggest holding. Foguth Wealth Management LLC.’s holdings in Schwab US Dividend Equity ETF were worth $17,078,000 as of its most recent SEC filing.

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

Schwab US Dividend Equity ETF Stock Up 0.2%

Shares of Schwab US Dividend Equity ETF stock opened at $33.47 on Friday. The stock has a market capitalization of $103.72 billion, a P/E ratio of 14.57 and a beta of 0.68. The stock has a 50 day moving average price of $32.51 and a two-hundred day moving average price of $31.43. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $34.24.

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.