Flagship Wealth Advisors LLC Has $10.46 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Flagship Wealth Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 135.5% during the first quarter, Holdings Channel reports. The firm owned 341,006 shares of the company’s stock after buying an additional 196,194 shares during the period. Schwab US Dividend Equity ETF comprises about 4.3% of Flagship Wealth Advisors LLC’s holdings, making the stock its 5th largest position. Flagship Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,462,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of SCHD. Mountain Hill Investment Partners Corp. raised its holdings in shares of 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 buying an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $25,000. Field & Main Bank bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at $32,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $33.47 on Friday. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $34.24. The company has a 50-day moving average of $32.51 and a two-hundred day moving average of $31.43. The stock has a market cap of $103.72 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.