MGO One Seven LLC Buys 13,947 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

MGO One Seven LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 209,668 shares of the company’s stock after acquiring an additional 13,947 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 0.8% of MGO One Seven LLC’s investment portfolio, making the stock its 12th largest holding. MGO One Seven LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,304,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Central Pacific Bank Trust Division purchased a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $25,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth $25,000. CarsonAllaria Wealth Management Ltd. bought a new stake in shares of Schwab US Dividend Equity ETF in the first quarter worth $26,000. Iron Horse Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the second quarter valued at $26,000. Finally, PFG Private Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the second quarter valued at about $27,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $83.06 on Wednesday. The stock’s 50-day simple moving average is $81.22 and its two-hundred day simple moving average is $79.31. The stock has a market capitalization of $58.27 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $84.57.

Schwab US Dividend Equity ETF Company 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.