Pacific Wealth Strategies Group Inc. Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pacific Wealth Strategies Group Inc. raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 208.2% in the 4th quarter, HoldingsChannel reports. The fund owned 56,419 shares of the company’s stock after buying an additional 38,115 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.1% of Pacific Wealth Strategies Group Inc.’s investment portfolio, making the stock its 23rd biggest holding. Pacific Wealth Strategies Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,541,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Sunflower Bank N.A. increased its position in shares of Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after purchasing an additional 185 shares in the last quarter. Sound Income Strategies LLC increased its position in Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after buying an additional 191 shares during the period. Johnson Bixby & Associates LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 7.4% in the third quarter. Johnson Bixby & Associates LLC now owns 4,241 shares of the company’s stock valued at $359,000 after acquiring an additional 294 shares during the period. Argus Investors Counsel Inc. grew its position in shares of Schwab US Dividend Equity ETF by 8.0% during the third quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock worth $403,000 after acquiring an additional 355 shares during the last quarter. Finally, O ROURKE & COMPANY Inc increased its holdings in shares of Schwab US Dividend Equity ETF by 5.7% in the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock valued at $570,000 after acquiring an additional 366 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.56 on Friday. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72. The stock has a market capitalization of $19.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50-day simple moving average of $27.85 and a 200-day simple moving average of $27.97.

Schwab US Dividend Equity ETF Company 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.