Ally Invest Advisors Inc. Purchases 26,113 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ally Invest Advisors Inc. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 187.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 40,041 shares of the company’s stock after purchasing an additional 26,113 shares during the period. Ally Invest Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Regal Investment Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 229.3% in the 4th quarter. Regal Investment Advisors LLC now owns 783,827 shares of the company’s stock valued at $21,414,000 after purchasing an additional 545,824 shares during the last quarter. United Capital Financial Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 183.5% during the fourth quarter. United Capital Financial Advisors LLC now owns 328,384 shares of the company’s stock worth $8,971,000 after buying an additional 212,542 shares in the last quarter. Montag & Caldwell LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 937.5% in the 4th quarter. Montag & Caldwell LLC now owns 42,163 shares of the company’s stock valued at $1,152,000 after acquiring an additional 38,099 shares during the last quarter. Anchor Investment Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 198.6% in the 4th quarter. Anchor Investment Management LLC now owns 115,007 shares of the company’s stock valued at $3,142,000 after acquiring an additional 76,490 shares during the last quarter. Finally, CacheTech Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 221.8% during the 4th quarter. CacheTech Inc. now owns 33,590 shares of the company’s stock valued at $917,000 after acquiring an additional 23,153 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $25.60 on Tuesday. The company has a 50 day simple moving average of $27.42 and a 200 day simple moving average of $27.95. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The firm has a market cap of $66.05 billion, a PE ratio of 15.04 and a beta of 0.83.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a $0.2488 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

About Schwab US Dividend Equity ETF

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.