160,913 Shares in Schwab US Dividend Equity ETF $SCHD Purchased by Compass Financial Management LLC

Compass Financial Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, HoldingsChannel reports. The firm acquired 160,913 shares of the company’s stock, valued at approximately $5,255,000.

A number of other hedge funds have also made changes to their positions in the company. MeadowBrook Investment Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 3.3% during the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after purchasing an additional 325 shares during the last quarter. Semus Wealth Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 0.7% in the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after buying an additional 347 shares during the last quarter. Harmony Asset Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.8% in the first quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock worth $294,000 after buying an additional 354 shares in the last quarter. Commonwealth Financial Services LLC boosted its position in Schwab US Dividend Equity ETF by 1.8% during the first quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock worth $639,000 after acquiring an additional 374 shares during the last quarter. Finally, First Pacific Financial boosted its position in Schwab US Dividend Equity ETF by 8.9% during the first quarter. First Pacific Financial now owns 4,681 shares of the company’s stock worth $144,000 after acquiring an additional 383 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8%

Shares of NYSEARCA SCHD opened at $35.11 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31. The stock has a market cap of $109.08 billion, a PE ratio of 14.57 and a beta of 0.67. The company has a 50-day moving average of $33.05 and a 200 day moving average of $31.98.

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.