Capital Advisory Group Advisory Services LLC Makes New Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Advisory Group Advisory Services LLC acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 32,092 shares of the company’s stock, valued at approximately $877,000.

Other hedge funds also recently made changes to their positions in the company. Lane & Associates LLC bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at $421,000. PYA Waltman Capital LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth about $437,000. Cassaday & Co Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 210.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 5,755,912 shares of the company’s stock valued at $157,252,000 after purchasing an additional 3,900,238 shares during the last quarter. Centricity Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $1,086,000. Finally, Fairway Financial LLC bought a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $9,082,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $28.32 on Friday. The stock has a market capitalization of $69.38 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The firm’s 50 day simple moving average is $27.69 and its two-hundred day simple moving average is $28.02.

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.