Drucker Wealth 3.0 LLC Purchases New Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Drucker Wealth 3.0 LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,490 shares of the company’s stock, valued at approximately $271,000.

Other hedge funds have also bought and sold shares of the company. Central Pacific Bank Trust Division purchased a new position in Schwab US Dividend Equity ETF during the 1st quarter worth $25,000. Financial Gravity Asset Management Inc. purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $25,000. CarsonAllaria Wealth Management Ltd. purchased a new position in Schwab US Dividend Equity ETF during the 1st quarter worth $26,000. Iron Horse Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $26,000. Finally, PFG Private Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $27,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $83.72 on Friday. The company’s 50-day moving average is $82.38 and its 200 day moving average is $79.76. The company has a market capitalization of $58.73 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $85.24.

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.