Valley Forge Investment Consultants Inc. ADV Has $4.40 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Valley Forge Investment Consultants Inc. ADV grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 180.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 161,159 shares of the company’s stock after buying an additional 103,784 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.5% of Valley Forge Investment Consultants Inc. ADV’s investment portfolio, making the stock its 11th largest holding. Valley Forge Investment Consultants Inc. ADV’s holdings in Schwab US Dividend Equity ETF were worth $4,403,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. LPL Financial LLC raised its stake in shares of Schwab US Dividend Equity ETF by 214.9% in the fourth quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock worth $992,120,000 after acquiring an additional 24,783,386 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter valued at about $592,939,000. Sumitomo Life Insurance Co. boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. Avantax Advisory Services Inc. grew its position in shares of Schwab US Dividend Equity ETF by 205.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock worth $710,419,000 after buying an additional 17,501,170 shares during the period. Finally, Wealthspire Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 195.8% during the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after buying an additional 10,024,156 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.58 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The firm has a market capitalization of $69.50 billion, a P/E ratio of 17.12 and a beta of 0.86. The company’s 50 day simple moving average is $27.97 and its 200 day simple moving average is $28.13.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be paid a $0.2488 dividend. The ex-dividend date of this dividend is Wednesday, March 26th.

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.