KOM Wealth Management Group LLC Makes New $845,000 Investment in Schwab US Dividend Equity ETF $SCHD

KOM Wealth Management Group LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,981 shares of the company’s stock, valued at approximately $845,000.

Other large investors also recently bought and sold shares of the company. Summit Financial Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $63,803,000. Paradiem LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $56,258,000. Baer Investment Advisory LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $46,847,000. Stonehearth Capital Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $31,481,000. Finally, Royal Bank of Canada grew its stake in Schwab US Dividend Equity ETF by 8.3% in the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock valued at $265,563,000 after acquiring an additional 660,876 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.2%

Shares of NYSEARCA SCHD opened at $34.10 on Friday. The company’s 50-day moving average price is $34.00 and its 200 day moving average price is $32.74. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31. The stock has a market cap of $113.92 billion, a price-to-earnings 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.