Stillwater Wealth Management Group Purchases 19,357 Shares of Schwab US Dividend Equity ETF $SCHD

Stillwater Wealth Management Group lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 61,744 shares of the company’s stock after purchasing an additional 19,357 shares during the quarter. Stillwater Wealth Management Group’s holdings in Schwab US Dividend Equity ETF were worth $2,009,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Summit Financial Wealth Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth approximately $63,803,000. Paradiem LLC bought a new position in Schwab US Dividend Equity ETF during the first quarter valued at approximately $56,258,000. Baer Investment Advisory LLC bought a new position in Schwab US Dividend Equity ETF during the first quarter valued at approximately $46,847,000. Stonehearth Capital Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $31,481,000. Finally, Wealth Management Resources Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $31,433,000.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of SCHD stock traded down $0.07 during trading hours on Wednesday, hitting $34.62. 10,088,800 shares of the company’s stock were exchanged, compared to its average volume of 22,385,242. The company has a market capitalization of $115.79 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31. The business’s 50 day simple moving average is $34.02 and its 200-day simple moving average is $32.82.

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.