V2 Financial group LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

V2 Financial group LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 35,200 shares of the company’s stock, valued at approximately $966,000.

A number of other large investors also recently bought and sold shares of SCHD. First Command Advisory Services Inc. grew its stake in shares of 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 during the period. BG Investment Services Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 82.8% during the 3rd quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after purchasing an additional 28,109 shares during the period. DMKC Advisory Services LLC grew its stake in shares of Schwab US Dividend Equity ETF by 10.6% during the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after purchasing an additional 20,989 shares during the period. Insight Inv LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $682,000. Finally, Elmwood Wealth Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $1,003,000.

Schwab US Dividend Equity ETF Stock Down 0.3%

NYSEARCA:SCHD opened at $30.56 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95. The stock has a market cap of $84.62 billion, a PE ratio of 14.57 and a beta of 0.74. The firm’s fifty day simple moving average is $30.95 and its 200-day simple moving average is $28.71.

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.