Total Clarity Wealth Management Inc. Takes $3.10 Million Position in Schwab US Dividend Equity ETF $SCHD

Total Clarity Wealth Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the second quarter, HoldingsChannel reports. The fund acquired 116,816 shares of the company’s stock, valued at approximately $3,096,000.

A number of other large investors have also recently made changes to their positions in SCHD. Kingstone Capital Partners Texas LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $1,031,129,000. Wealthspire Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 95.2% in the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares in the last quarter. RMG Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $132,621,000. LPL Financial LLC lifted its holdings in Schwab US Dividend Equity ETF by 6.8% in the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after purchasing an additional 2,470,706 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 37.5% in the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after purchasing an additional 2,069,007 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.7%

NYSEARCA SCHD opened at $26.54 on Monday. The stock’s 50 day moving average is $27.36 and its 200 day moving average is $26.73. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The stock has a market cap of $69.30 billion, a PE ratio of 14.57 and a beta of 0.88.

Schwab US Dividend Equity ETF 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.