Regal Investment Advisors LLC Has $17.60 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Regal Investment Advisors LLC lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 231,157 shares of the company’s stock after selling 27,278 shares during the quarter. Schwab US Dividend Equity ETF makes up about 1.3% of Regal Investment Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Regal Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $17,598,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. XML Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 8.5% during the fourth quarter. XML Financial LLC now owns 116,949 shares of the company’s stock valued at $8,903,000 after buying an additional 9,163 shares during the period. Asset Allocation Strategies LLC grew its stake in Schwab US Dividend Equity ETF by 13.1% in the fourth quarter. Asset Allocation Strategies LLC now owns 333,658 shares of the company’s stock worth $25,402,000 after purchasing an additional 38,675 shares during the period. Personal CFO Solutions LLC raised its holdings in Schwab US Dividend Equity ETF by 33.0% in the fourth quarter. Personal CFO Solutions LLC now owns 4,274 shares of the company’s stock worth $325,000 after purchasing an additional 1,061 shares in the last quarter. RE Dickinson Investment Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 2.1% during the fourth quarter. RE Dickinson Investment Advisors LLC now owns 147,399 shares of the company’s stock valued at $11,222,000 after buying an additional 3,053 shares during the period. Finally, Valley Financial Group Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $1,067,000.

Schwab US Dividend Equity ETF Stock Down 0.2 %

Shares of SCHD stock traded down $0.19 during trading hours on Friday, hitting $77.89. 2,063,986 shares of the company’s stock traded hands, compared to its average volume of 3,362,550. The stock’s fifty day simple moving average is $78.19 and its two-hundred day simple moving average is $77.04. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $80.82. The stock has a market cap of $54.64 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.