Cornerstone Wealth Group LLC Has $1.38 Million Position in Schwab US Dividend Equity ETF $SCHD

Cornerstone Wealth Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 152.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,676 shares of the company’s stock after purchasing an additional 26,963 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,384,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Colorado Capital Management Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after buying an additional 362 shares during the last quarter. International Private Wealth Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.3% during the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after buying an additional 397 shares during the period. Brown Lisle Cummings Inc. grew its stake in Schwab US Dividend Equity ETF by 4.6% in the 1st quarter. Brown Lisle Cummings Inc. now owns 9,135 shares of the company’s stock valued at $280,000 after buying an additional 400 shares during the last quarter. Archer Investment Corp grew its stake in Schwab US Dividend Equity ETF by 5.0% in the 4th quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after buying an additional 404 shares during the last quarter. Finally, Semus Wealth Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 0.8% in the 4th quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock worth $1,398,000 after acquiring an additional 411 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $32.09 on Friday. The firm has a market cap of $91.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a fifty-two week low of $26.21 and a fifty-two week high of $32.92. The firm has a fifty day moving average price of $31.96 and a two-hundred day moving average price of $30.56.

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.