PFG Private Wealth Management LLC Purchases 686 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

PFG Private Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% in the 4th quarter, HoldingsChannel reports. The fund owned 1,029 shares of the company’s stock after buying an additional 686 shares during the period. PFG Private Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $28,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. GPM Growth Investors Inc. grew its holdings in Schwab US Dividend Equity ETF by 202.4% during the fourth quarter. GPM Growth Investors Inc. now owns 100,761 shares of the company’s stock worth $2,753,000 after buying an additional 67,441 shares in the last quarter. Townsend Asset Management Corp NC ADV grew its holdings in Schwab US Dividend Equity ETF by 200.6% during the fourth quarter. Townsend Asset Management Corp NC ADV now owns 79,793 shares of the company’s stock worth $2,180,000 after buying an additional 53,247 shares in the last quarter. Straight Path Wealth Management grew its holdings in Schwab US Dividend Equity ETF by 166.8% during the fourth quarter. Straight Path Wealth Management now owns 12,087 shares of the company’s stock worth $330,000 after buying an additional 7,556 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth $592,939,000. Finally, Dana Investment Advisors Inc. grew its holdings in Schwab US Dividend Equity ETF by 283.0% during the fourth quarter. Dana Investment Advisors Inc. now owns 9,533 shares of the company’s stock worth $260,000 after buying an additional 7,044 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.5 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.05 on Thursday. The stock has a fifty day simple moving average of $27.82 and a 200 day simple moving average of $28.12. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The company has a market capitalization of $68.72 billion, a P/E ratio of 17.48 and a beta of 0.88.

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.