Livet Wealth LLC Invests $8.08 Million in Schwab US Dividend Equity ETF $SCHD

Livet Wealth LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 294,428 shares of the company’s stock, valued at approximately $8,076,000. Schwab US Dividend Equity ETF makes up about 5.0% of Livet Wealth LLC’s holdings, making the stock its 4th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. Brighton Jones LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after buying an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares during the last quarter. Finally, United Bank raised its holdings in shares of Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after purchasing an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.9%

SCHD opened at $32.82 on Friday. The firm has a 50 day moving average price of $31.68 and a 200-day moving average price of $30.24. Schwab US Dividend Equity ETF has a twelve month low of $26.16 and a twelve month high of $32.92. The stock has a market capitalization of $93.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

About Schwab US Dividend Equity ETF

(Free Report)

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.

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