Samalin Investment Counsel LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Samalin Investment Counsel LLC acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 172,620 shares of the company’s stock, valued at approximately $5,615,000. Schwab US Dividend Equity ETF comprises about 1.7% of Samalin Investment Counsel LLC’s holdings, making the stock its 7th largest holding.

Other large investors also recently bought and sold shares of the company. Brookstone Capital Management purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $71,011,000. Summit Financial Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $63,803,000. Paradiem LLC bought a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $56,258,000. Baer Investment Advisory LLC bought a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $46,847,000. Finally, Albion Financial Group UT purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $39,427,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $35.27 on Monday. The firm’s 50-day moving average price is $34.07 and its 200-day moving average price is $32.92. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.45. The company has a market cap of $118.44 billion, a PE ratio of 14.57 and a beta of 0.68.

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.