MGO One Seven LLC Has $18.73 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

MGO One Seven LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 682,965 shares of the company’s stock after purchasing an additional 53,168 shares during the quarter. MGO One Seven LLC’s holdings in Schwab US Dividend Equity ETF were worth $18,734,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Command Advisory Services Inc. grew its position in Schwab US Dividend Equity ETF by 7.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock worth $30,222,000 after purchasing an additional 77,785 shares in the last quarter. BG Investment Services Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 82.8% in the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock valued at $1,695,000 after purchasing an additional 28,109 shares in the last quarter. Insight Inv LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $682,000. JPMorgan Chase & Co. boosted its position in shares of Schwab US Dividend Equity ETF by 2.1% in the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after buying an additional 95,857 shares during the period. Finally, Elmwood Wealth Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $1,003,000.

Schwab US Dividend Equity ETF Trading Down 0.4%

NYSEARCA:SCHD opened at $31.54 on Friday. The firm has a market capitalization of $89.53 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1-year low of $25.65 and a 1-year high of $32.13. The business’s fifty day moving average price is $30.99 and its 200 day moving average price is $29.28.

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.