SNS Financial Group LLC Has $2.93 Million Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

SNS Financial Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 107,261 shares of the company’s stock after purchasing an additional 71,853 shares during the period. SNS Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,930,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SCHD. Sumitomo Life Insurance Co. increased its stake in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. Orgel Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after acquiring an additional 6,804,908 shares during the period. Strategic Financial Concepts LLC boosted its holdings in Schwab US Dividend Equity ETF by 9,346.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 3,576,526 shares of the company’s stock valued at $97,711,000 after purchasing an additional 3,538,664 shares during the period. Keystone Financial Planning Inc. increased its stake in Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after acquiring an additional 3,506,729 shares during the period. Finally, HHM Wealth Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 207.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after purchasing an additional 3,286,917 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.18 on Thursday. Schwab US Dividend Equity ETF has a twelve month low of $25.18 and a twelve month high of $29.72. The firm’s 50-day simple moving average is $27.69 and its 200-day simple moving average is $28.01. The firm has a market cap of $69.04 billion, a P/E 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.