Kestra Advisory Services LLC Acquires 126,902 Shares of Schwab US Dividend Equity ETF $SCHD

Kestra Advisory Services LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,523,127 shares of the company’s stock after buying an additional 126,902 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.12% of Schwab US Dividend Equity ETF worth $108,090,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHD. Mountain Hill Investment Partners Corp. boosted its stake in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares in the last quarter. Merrithew & Thorsten Inc acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $25,000. Field & Main Bank bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $29,000. Finally, Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $32.26 on Friday. The firm’s fifty day moving average price is $32.15 and its two-hundred day moving average price is $30.87. The stock has a market cap of $97.68 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.21 and a fifty-two week high of $32.92.

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.