Magnus Financial Group LLC Purchases 15,293 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Magnus Financial Group LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 210.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,566 shares of the company’s stock after acquiring an additional 15,293 shares during the quarter. Magnus Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $617,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SCHD. LPL Financial LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares in the last quarter. Orgel Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 159.8% in the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares during the last quarter. Keystone Financial Planning Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 188.6% during the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after acquiring an additional 3,506,729 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Schwab US Dividend Equity ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after acquiring an additional 297,674 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in Schwab US Dividend Equity ETF by 2.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after purchasing an additional 101,637 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.1 %

Shares of NYSEARCA:SCHD opened at $27.92 on Thursday. The company has a market cap of $19.59 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The company has a 50-day moving average price of $28.15 and a 200 day moving average price of $27.87.

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.