Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Advisory Resource Group

Advisory Resource Group grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 203.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 50,240 shares of the company’s stock after purchasing an additional 33,680 shares during the period. Advisory Resource Group’s holdings in Schwab US Dividend Equity ETF were worth $1,373,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Barrett & Company Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $38,000. Finally, Phillips Financial Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after buying an additional 391 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.56 on Friday. The company has a fifty day simple moving average of $27.85 and a 200-day simple moving average of $27.97. 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 cap of $19.33 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.