Sar Wealth Management Group LLC Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sar Wealth Management Group LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,084 shares of the company’s stock, valued at approximately $491,000. Schwab US Dividend Equity ETF makes up approximately 0.4% of Sar Wealth Management Group LLC’s holdings, making the stock its 26th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raleigh Capital Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $28,000. Voisard Asset Management Group Inc. bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $29,000. Signature Resources Capital Management LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $32,000. Bear Mountain Capital Inc. bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $34,000. Finally, Venturi Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $44,000.

Schwab US Dividend Equity ETF Trading Down 0.2 %

SCHD traded down $0.16 during trading on Thursday, reaching $77.27. 1,574,293 shares of the company’s stock were exchanged, compared to its average volume of 3,291,078. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The stock has a market capitalization of $54.20 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a fifty day moving average price of $78.07 and a two-hundred day moving average price of $77.54.

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.