Wealthcare Capital Management LLC Purchases Shares of 23,610 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Wealthcare Capital Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,610 shares of the company’s stock, valued at approximately $660,000.

A number of other hedge funds also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 4.1% during the first quarter. Wealthcare Advisory Partners LLC now owns 1,468,080 shares of the company’s stock valued at $41,048,000 after buying an additional 58,174 shares during the last quarter. Bruce G. Allen Investments LLC raised its position in shares of Schwab US Dividend Equity ETF by 4.5% during the first quarter. Bruce G. Allen Investments LLC now owns 294,487 shares of the company’s stock valued at $8,234,000 after buying an additional 12,649 shares during the last quarter. Investment Advisory Group LLC raised its position in shares of Schwab US Dividend Equity ETF by 18.0% during the first quarter. Investment Advisory Group LLC now owns 106,004 shares of the company’s stock valued at $2,964,000 after buying an additional 16,140 shares during the last quarter. Patrick M Sweeney & Associates Inc. raised its position in shares of Schwab US Dividend Equity ETF by 4.3% during the first quarter. Patrick M Sweeney & Associates Inc. now owns 15,745 shares of the company’s stock valued at $440,000 after buying an additional 645 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 41.8% during the first quarter. Farther Finance Advisors LLC now owns 700,385 shares of the company’s stock valued at $19,520,000 after buying an additional 206,546 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $26.65 on Tuesday. The company has a 50-day simple moving average of $25.83 and a 200-day simple moving average of $27.23. The firm has a market capitalization of $69.29 billion, a P/E ratio of 15.93 and a beta of 0.82. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72.

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.