Core Wealth Advisors LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Core Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 53,443 shares of the company’s stock, valued at approximately $1,466,000. Schwab US Dividend Equity ETF makes up about 0.9% of Core Wealth Advisors LLC’s portfolio, making the stock its 13th largest holding.

Several other large investors also recently added to or reduced their stakes in SCHD. Brighton Jones LLC grew its position in 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 acquiring an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC grew its position in Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares in the last quarter. Bison Wealth LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after buying an additional 155,769 shares during the period. Finally, United Bank boosted its holdings in shares of Schwab US Dividend Equity ETF by 5.0% during the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after buying an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.4%

NYSEARCA SCHD opened at $32.50 on Friday. The company has a fifty day simple moving average of $31.31 and a 200 day simple moving average of $29.87. The company has a market cap of $92.26 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $25.89 and a 1 year high of $32.91.

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.