Nations Financial Group Inc. IA ADV Acquires 152,196 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Nations Financial Group Inc. IA ADV boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 75.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 355,039 shares of the company’s stock after buying an additional 152,196 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 0.7% of Nations Financial Group Inc. IA ADV’s investment portfolio, making the stock its 23rd largest position. Nations Financial Group Inc. IA ADV’s holdings in Schwab US Dividend Equity ETF were worth $9,700,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Argus Investors Counsel Inc. boosted its holdings in Schwab US Dividend Equity ETF by 8.0% during the 3rd 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. O ROURKE & COMPANY Inc boosted its holdings in Schwab US Dividend Equity ETF by 5.7% during the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after acquiring an additional 366 shares during the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $31,000. Brown Lisle Cummings Inc. boosted its holdings in Schwab US Dividend Equity ETF by 17.3% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock worth $215,000 after acquiring an additional 375 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC boosted its holdings in Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock worth $1,520,000 after acquiring an additional 377 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.79 on Friday. The company has a market capitalization of $19.49 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm’s fifty day moving average price is $27.74 and its two-hundred day moving average price is $27.99. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year 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.