Legacy Edge Advisors LLC Makes New $19.24 Million Investment in Schwab US Dividend Equity ETF $SCHD

Legacy Edge Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 701,321 shares of the company’s stock, valued at approximately $19,237,000. Schwab US Dividend Equity ETF accounts for 2.1% of Legacy Edge Advisors LLC’s investment portfolio, making the stock its 13th biggest position.

Several other large investors also recently bought and sold shares of the stock. Mountain Hill Investment Partners Corp. increased its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares during the last quarter. Biltmore Family Office LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares during the last quarter. Field & Main Bank purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $29,000. Triumph Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $33,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $35,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $31.86 on Friday. Schwab US Dividend Equity ETF has a one year low of $25.50 and a one year high of $32.13. The company has a market cap of $90.44 billion, a P/E ratio of 14.57 and a beta of 0.68. The business’s 50-day simple moving average is $30.99 and its 200-day simple moving average is $29.16.

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.