PFG Investments LLC Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

PFG Investments LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 467.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 147,065 shares of the company’s stock after buying an additional 121,167 shares during the quarter. PFG Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,018,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares in the last quarter. GAMMA Investing LLC grew its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $163,000. Synovus Financial Corp grew its stake in Schwab US Dividend Equity ETF by 148.1% during the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after purchasing an additional 25,380 shares in the last quarter. Finally, Anchor Investment Management LLC grew its stake in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after purchasing an additional 428 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $28.07 on Monday. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The stock has a market capitalization of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a fifty day moving average price of $28.10 and a 200 day moving average price of $27.92.

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.