Allen Capital Group LLC Buys 63,752 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Allen Capital Group LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 204.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 94,869 shares of the company’s stock after purchasing an additional 63,752 shares during the quarter. Allen Capital Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,592,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Valicenti Advisory Services Inc. grew its position in shares of Schwab US Dividend Equity ETF by 300.6% during the fourth quarter. Valicenti Advisory Services Inc. now owns 27,703 shares of the company’s stock valued at $757,000 after purchasing an additional 20,788 shares in the last quarter. Strategic Blueprint LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 198.2% in the fourth quarter. Strategic Blueprint LLC now owns 483,291 shares of the company’s stock valued at $13,204,000 after purchasing an additional 321,223 shares in the last quarter. Iams Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 421.1% during the fourth quarter. Iams Wealth Management LLC now owns 31,790 shares of the company’s stock valued at $869,000 after purchasing an additional 25,689 shares during the last quarter. Hantz Financial Services Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 229.1% in the 4th quarter. Hantz Financial Services Inc. now owns 3,294 shares of the company’s stock worth $90,000 after buying an additional 2,293 shares in the last quarter. Finally, Wade Financial Advisory Inc bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $337,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $28.15 on Wednesday. The stock’s fifty day moving average is $28.08 and its 200 day moving average is $27.94. The firm has a market capitalization of $19.75 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

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.