Money Concepts Capital Corp Has $2.50 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Money Concepts Capital Corp increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 52.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,491 shares of the company’s stock after purchasing an additional 28,076 shares during the period. Money Concepts Capital Corp’s holdings in Schwab US Dividend Equity ETF were worth $2,500,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. MeadowBrook Investment Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after acquiring an additional 325 shares during the period. Semus Wealth Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 0.7% during the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after purchasing an additional 347 shares during the period. Colorado Capital Management Inc. grew its holdings in Schwab US Dividend Equity ETF by 0.9% during the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after purchasing an additional 362 shares during the period. First Pacific Financial increased its stake in Schwab US Dividend Equity ETF by 8.9% in the first quarter. First Pacific Financial now owns 4,681 shares of the company’s stock valued at $144,000 after purchasing an additional 383 shares in the last quarter. Finally, International Private Wealth Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 3.3% in the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after purchasing an additional 397 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD traded up $0.14 during midday trading on Friday, reaching $32.40. 14,149,522 shares of the stock were exchanged, compared to its average volume of 22,244,186. The business has a 50-day simple moving average of $32.17 and a two-hundred day simple moving average of $30.88. The company has a market capitalization of $98.10 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month 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.