Foundations Investment Advisors LLC Acquires 52,487 Shares of Schwab US Dividend Equity ETF $SCHD

Foundations Investment Advisors LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 36.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 196,460 shares of the company’s stock after purchasing an additional 52,487 shares during the period. Foundations Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,363,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. Brighton Jones LLC lifted its position in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after buying an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares during the period. Bison Wealth LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. boosted its position in Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after buying an additional 155,769 shares during the period. Finally, GC Wealth Management RIA LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 28.5% in the second quarter. GC Wealth Management RIA LLC now owns 12,894 shares of the company’s stock valued at $342,000 after purchasing an additional 2,859 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $29.37 on Friday. The stock has a market cap of $77.11 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm’s 50-day moving average is $28.02 and its two-hundred day moving average is $27.45. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.79.

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.