Bauman Advisory Group LLC Purchases Shares of 67,842 Schwab US Dividend Equity ETF $SCHD

Bauman Advisory Group LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 67,842 shares of the company’s stock, valued at approximately $1,861,000. Schwab US Dividend Equity ETF accounts for about 1.5% of Bauman Advisory Group LLC’s portfolio, making the stock its 14th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised 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 purchasing an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the period. Bison Wealth LLC boosted its holdings in 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 in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares in the last quarter. Finally, United Bank grew its stake in shares of Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after purchasing an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of SCHD opened at $31.86 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $26.16 and a 1 year high of $32.92. The stock has a 50 day simple moving average of $31.82 and a 200-day simple moving average of $30.40. The stock has a market cap of $90.44 billion, a PE ratio of 14.57 and a beta of 0.67.

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.