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

Commonwealth Financial Services LLC acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, HoldingsChannel.com reports. The fund acquired 15,087 shares of the company’s stock, valued at approximately $491,000.

Other hedge funds have also recently bought and sold shares of the company. Cahill Financial Advisors Inc. grew its holdings in Schwab US Dividend Equity ETF by 6.2% during the second quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock worth $12,035,000 after purchasing an additional 22,218 shares during the period. Dominguez Wealth Management Solutions Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 434.1% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock valued at $6,805,000 after acquiring an additional 170,021 shares during the period. Bangor Savings Bank acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $2,480,000. HB Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 8.4% in the second quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock valued at $56,462,000 after buying an additional 137,402 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Schwab US Dividend Equity ETF by 18.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after acquiring an additional 82,981 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.0%

Shares of SCHD traded up $0.35 during midday 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. The stock has a market capitalization of $115.72 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company’s fifty day simple moving average is $34.01 and its two-hundred day simple moving average is $32.79. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $35.31.

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.