Sound Income Strategies LLC Raises Stock Position in Schwab US Dividend Equity ETF $SCHD

Sound Income Strategies LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 432.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,089 shares of the company’s stock after acquiring an additional 26,870 shares during the period. Sound Income Strategies LLC’s holdings in Schwab US Dividend Equity ETF were worth $893,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Foster Victor Wealth Advisors LLC bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $433,000. Myecfo LLC grew its holdings in Schwab US Dividend Equity ETF by 2.3% during the 3rd quarter. Myecfo LLC now owns 86,927 shares of the company’s stock valued at $2,373,000 after buying an additional 1,936 shares in the last quarter. Focused Wealth Management Inc grew its holdings in Schwab US Dividend Equity ETF by 21.9% during the 3rd quarter. Focused Wealth Management Inc now owns 57,127 shares of the company’s stock valued at $1,560,000 after buying an additional 10,274 shares in the last quarter. Abound Wealth Management raised its position in shares of Schwab US Dividend Equity ETF by 201.5% during the third quarter. Abound Wealth Management now owns 8,981 shares of the company’s stock valued at $245,000 after buying an additional 6,002 shares during the last quarter. Finally, CGN Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 27.1% in the third quarter. CGN Advisors LLC now owns 31,030 shares of the company’s stock worth $847,000 after buying an additional 6,613 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.46 on Monday. The firm has a market cap of $71.01 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm has a fifty day moving average price of $27.14 and a 200 day moving average price of $27.15. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $28.84.

About Schwab US Dividend Equity ETF

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.