RFG Advisory LLC Has $2.93 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

RFG Advisory LLC decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 32.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 92,444 shares of the company’s stock after selling 44,892 shares during the quarter. RFG Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,931,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SCHD. Brighton Jones LLC grew its position in Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC raised its position in Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares in the last quarter. Finally, United Bank boosted its stake in shares of Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after purchasing an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.3%

NYSEARCA:SCHD opened at $33.99 on Friday. The stock has a market cap of $105.60 billion, a P/E ratio of 14.57 and a beta of 0.68. The stock’s 50-day moving average is $33.82 and its 200-day moving average is $32.33. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.31.

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.