Modera Wealth Management LLC Makes New $1.53 Million Investment in Schwab US Dividend Equity ETF $SCHD

Modera Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 46,915 shares of the company’s stock, valued at approximately $1,526,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Cahill Financial Advisors Inc. increased its holdings in Schwab US Dividend Equity ETF by 6.2% during the second quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock valued at $12,035,000 after buying an additional 22,218 shares during the last quarter. Dominguez Wealth Management Solutions Inc. raised its position in Schwab US Dividend Equity ETF by 434.1% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock worth $6,805,000 after acquiring an additional 170,021 shares during the period. Bangor Savings Bank bought a new position in Schwab US Dividend Equity ETF in the third quarter worth approximately $2,480,000. HB Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 8.4% during the 2nd quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock worth $56,462,000 after acquiring an additional 137,402 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 15.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 400,330 shares of the company’s stock worth $12,694,000 after acquiring an additional 52,223 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $35.78 on Monday. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $36.10. The business has a fifty day moving average price of $34.13 and a 200-day moving average price of $32.32. The firm has a market capitalization of $120.80 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.