C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Buys 6,245 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 91.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,088 shares of the company’s stock after buying an additional 6,245 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Schwab US Dividend Equity ETF were worth $358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of SCHD. Central Pacific Bank Trust Division increased its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $26,000. IFS Advisors LLC increased its position in Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the last quarter. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $31,000. Finally, Olistico Wealth LLC increased its position in Schwab US Dividend Equity ETF by 202.2% in the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $28.32 on Friday. The company’s fifty day moving average is $27.69 and its 200 day moving average is $28.02. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The stock has a market capitalization of $69.38 billion, a PE ratio of 17.48 and a beta of 0.88.

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.