Financial Solutions Advisory Group Inc. Acquires Shares of 105,289 Schwab US Dividend Equity ETF $SCHD

Financial Solutions Advisory Group Inc. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 105,289 shares of the company’s stock, valued at approximately $3,230,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Mountain Hill Investment Partners Corp. lifted its stake in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares in the last quarter. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $25,000. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $29,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the first quarter valued at approximately $32,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $33.47 on Friday. The stock’s 50 day simple moving average is $32.51 and its 200-day simple moving average is $31.43. The company has a market cap of $103.72 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1-year low of $26.21 and a 1-year high of $34.24.

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.