M Holdings Securities Inc. Makes New Investment in Schwab US Dividend Equity ETF $SCHD

M Holdings Securities Inc. purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 26,770 shares of the company’s stock, valued at approximately $952,000.

Several other large investors also recently bought and sold shares of SCHD. Cahill Financial Advisors Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 6.2% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock worth $12,035,000 after purchasing an additional 22,218 shares during the period. Dominguez Wealth Management Solutions Inc. increased its position in shares of Schwab US Dividend Equity ETF by 434.1% during the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock valued at $6,805,000 after purchasing an additional 170,021 shares during the last quarter. Bangor Savings Bank purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $2,480,000. Concurrent Investment Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 15.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 400,330 shares of the company’s stock valued at $12,694,000 after buying an additional 52,223 shares during the period. Finally, HB Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 8.4% during the 2nd quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock valued at $56,462,000 after buying an additional 137,402 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.4%

Shares of SCHD opened at $35.65 on Tuesday. The company has a market cap of $121.30 billion, a PE ratio of 19.09 and a beta of 0.66. The business has a fifty day moving average of $34.21 and a 200 day moving average of $32.52. Schwab US Dividend Equity ETF has a 52-week low of $26.51 and a 52-week high of $36.38.

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.