Clientfirst Wealth Management LLC Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Clientfirst Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,700 shares of the company’s stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $31,000. Legacy Investment Solutions LLC bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $34,000. Barrett & Company Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $38,000. Finally, Phillips Financial Management LLC increased its position in Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after purchasing an additional 391 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.56 on Friday. The company’s 50 day moving average price is $27.89 and its two-hundred day moving average price is $27.97. The firm has a market capitalization of $19.33 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

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.