15,087 Shares of Schwab US Dividend Equity ETF $SCHD Purchased by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 15,087 shares of the company’s stock, valued at approximately $491,000.

Other large investors have also recently added to or reduced their stakes in the company. Byrne Asset Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at $26,000. DiNuzzo Private Wealth Inc. bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $27,000. Ashton Thomas Securities LLC bought a new position in Schwab US Dividend Equity ETF in the 1st quarter worth approximately $32,000. Signature Resources Capital Management LLC boosted its position in Schwab US Dividend Equity ETF by 53.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock valued at $44,000 after buying an additional 500 shares during the last quarter. Finally, Hanson & Doremus Investment Management increased its stake in shares of Schwab US Dividend Equity ETF by 35.7% in the 1st quarter. Hanson & Doremus Investment Management now owns 2,001 shares of the company’s stock valued at $61,000 after buying an additional 526 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD traded up $0.35 during mid-day trading on Tuesday, hitting $34.59. The company’s stock had a trading volume of 12,536,208 shares, compared to its average volume of 22,405,313. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $35.31. The company’s fifty day simple moving average is $34.01 and its 200-day simple moving average is $32.79. The stock has a market cap of $115.72 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.