Sage Financial Group Inc. Buys 19,887 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sage Financial Group Inc. boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,979 shares of the company’s stock after purchasing an additional 19,887 shares during the quarter. Sage Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $819,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SCHD. Central Pacific Bank Trust Division raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter worth $26,000. IFS Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 184.4% during 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 in the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $31,000. Finally, Olistico Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after purchasing an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.01 on Thursday. The stock’s fifty day moving average price is $28.08 and its 200 day moving average price is $27.94. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The company has a market cap of $19.65 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.