Spartan Wealth Advisory Services LLC Takes Position in Schwab US Dividend Equity ETF $SCHD

Spartan Wealth Advisory Services LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 234,845 shares of the company’s stock, valued at approximately $7,205,000.

Several other large investors have also recently bought and sold shares of SCHD. Paces Ferry Wealth Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 1.7% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 580,458 shares of the company’s stock valued at $17,808,000 after purchasing an additional 9,856 shares during the period. Ceera Investments LLC bought a new position in Schwab US Dividend Equity ETF during the 1st quarter worth $969,000. Zhang Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 3.1% during the first quarter. Zhang Financial LLC now owns 33,189 shares of the company’s stock worth $1,018,000 after buying an additional 995 shares in the last quarter. Simon Quick Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 0.5% in the first quarter. Simon Quick Advisors LLC now owns 130,160 shares of the company’s stock valued at $3,993,000 after acquiring an additional 701 shares during the period. Finally, Modera Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 3.0% in the first quarter. Modera Wealth Management LLC now owns 35,328 shares of the company’s stock valued at $1,084,000 after acquiring an additional 1,024 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $32.91 on Friday. The company’s 50-day simple moving average is $32.26 and its 200 day simple moving average is $31.06. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $33.50. The company has a market capitalization of $100.39 billion, a PE 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.