Cooper Financial Group Buys 31,658 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cooper Financial Group lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 593,002 shares of the company’s stock after acquiring an additional 31,658 shares during the quarter. Schwab US Dividend Equity ETF makes up 2.2% of Cooper Financial Group’s portfolio, making the stock its 10th biggest holding. Cooper Financial Group’s holdings in Schwab US Dividend Equity ETF were worth $16,580,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth $27,000. Cooksen Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth $38,000. Optimum Investment Advisors increased its position in Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after buying an additional 505 shares during the last quarter. MTM Investment Management LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth $40,000. Finally, Westside Investment Management Inc. increased its position in Schwab US Dividend Equity ETF by 3,666.7% during the first quarter. Westside Investment Management Inc. now owns 1,469 shares of the company’s stock worth $41,000 after buying an additional 1,430 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $26.88 on Friday. The company has a market capitalization of $70.19 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The company’s fifty day moving average price is $26.87 and its two-hundred day moving average price is $26.90.

About Schwab US Dividend Equity ETF

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.