BIP Wealth LLC Takes $1.59 Million Position in Schwab US Dividend Equity ETF $SCHD

BIP Wealth LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, Holdings Channel reports. The firm purchased 57,936 shares of the company’s stock, valued at approximately $1,589,000.

Several other large investors have also modified their holdings of SCHD. Biltmore Family Office LLC grew its position in shares of Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the last quarter. Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $33,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $35,000. Reyes Financial Architecture Inc. grew its position in shares of Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after purchasing an additional 1,237 shares during the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $36,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $30.86 on Thursday. The company’s 50 day simple moving average is $30.98 and its 200-day simple moving average is $28.73. The firm has a market capitalization of $85.45 billion, a PE ratio of 14.57 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95.

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.