Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Increased by American Financial Advisors LLC

American Financial Advisors LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,083,103 shares of the company’s stock after purchasing an additional 724,421 shares during the quarter. Schwab US Dividend Equity ETF comprises 4.2% of American Financial Advisors LLC’s holdings, making the stock its 9th largest position. American Financial Advisors LLC owned approximately 0.15% of Schwab US Dividend Equity ETF worth $29,590,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kennebec Savings Bank acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $31,000. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth about $38,000. Finally, Phillips Financial Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 144.8% during 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 during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2 %

Shares of SCHD stock opened at $27.79 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The stock has a market cap of $19.49 billion, a PE ratio of 15.04 and a beta of 0.74. The business has a 50-day simple moving average of $27.72 and a 200-day simple moving average of $28.00.

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.