Legacy Wealth Advisors LLC Purchases New Position in Schwab US Dividend Equity ETF $SCHD

Legacy Wealth Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 80,500 shares of the company’s stock, valued at approximately $2,470,000. Schwab US Dividend Equity ETF comprises approximately 1.3% of Legacy Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Elmwood Wealth Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $1,003,000. Bell Bank lifted its holdings in Schwab US Dividend Equity ETF by 53.3% in the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after buying an additional 36,212 shares during the period. BIP Wealth LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $1,589,000. Aspire Capital Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after acquiring an additional 30,146 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in Schwab US Dividend Equity ETF by 18.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after acquiring an additional 82,981 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $32.91 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.21 and a fifty-two week high of $33.50. The company has a market capitalization of $100.39 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The business’s 50 day moving average price is $32.26 and its two-hundred day moving average price is $31.06.

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.