Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by FRG Family Wealth Advisors LLC

FRG Family Wealth Advisors LLC increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,150 shares of the company’s stock after buying an additional 1,690 shares during the period. Schwab US Dividend Equity ETF comprises 1.5% of FRG Family Wealth Advisors LLC’s portfolio, making the stock its 13th largest holding. FRG Family Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,331,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SCHD. Central Pacific Bank Trust Division purchased a new stake in Schwab US Dividend Equity ETF in the 1st quarter valued at about $25,000. Financial Gravity Asset Management Inc. purchased a new stake in Schwab US Dividend Equity ETF in the second quarter valued at approximately $25,000. CarsonAllaria Wealth Management Ltd. acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth approximately $26,000. Iron Horse Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF during the second quarter worth approximately $26,000. Finally, PFG Private Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $27,000.

Schwab US Dividend Equity ETF Stock Up 1.2 %

Shares of NYSEARCA SCHD opened at $82.99 on Tuesday. The stock has a market capitalization of $58.22 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a fifty day moving average of $81.11 and a 200-day moving average of $79.27. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $84.57.

Schwab US Dividend Equity ETF 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.