16,076 Shares in Schwab US Dividend Equity ETF $SCHD Acquired by Plus Group Wealth Advisors LLC

Plus Group Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 16,076 shares of the company’s stock, valued at approximately $441,000. Schwab US Dividend Equity ETF accounts for about 0.5% of Plus Group Wealth Advisors LLC’s investment portfolio, making the stock its 28th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 7.6% during the third quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock worth $30,222,000 after purchasing an additional 77,785 shares during the last quarter. BG Investment Services Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 82.8% during the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after purchasing an additional 28,109 shares during the last quarter. Insight Inv LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $682,000. JPMorgan Chase & Co. grew its holdings in shares of Schwab US Dividend Equity ETF by 2.1% during the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after purchasing an additional 95,857 shares during the last quarter. Finally, Elmwood Wealth Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $1,003,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $31.72 on Friday. The firm has a market cap of $90.04 billion, a P/E ratio of 14.57 and a beta of 0.68. The firm has a 50 day simple moving average of $31.01 and a 200 day simple moving average of $29.46. Schwab US Dividend Equity ETF has a fifty-two week low of $25.69 and a fifty-two week high of $32.13.

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.