Summit Wealth Group LLC Co. Acquires Shares of 695,654 Schwab US Dividend Equity ETF $SCHD

Summit Wealth Group LLC Co. acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 695,654 shares of the company’s stock, valued at approximately $19,082,000. Schwab US Dividend Equity ETF makes up 2.5% of Summit Wealth Group LLC Co.’s portfolio, making the stock its 8th largest position.

Other large investors have also bought and sold shares of the company. Mountain Hill Investment Partners Corp. lifted its stake in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at $25,000. Biltmore Family Office LLC lifted its stake in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares in the last quarter. Field & Main Bank bought a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Finally, Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000.

Schwab US Dividend Equity ETF Trading Up 0.0%

Shares of NYSEARCA:SCHD opened at $31.76 on Wednesday. The stock’s fifty day simple moving average is $31.00 and its two-hundred day simple moving average is $29.38. Schwab US Dividend Equity ETF has a 1-year low of $25.69 and a 1-year high of $32.13. The stock has a market cap of $90.16 billion, a PE ratio of 14.57 and a beta of 0.68.

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.