PFG Investments LLC Increases Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

PFG Investments LLC increased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 467.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 147,065 shares of the company’s stock after buying an additional 121,167 shares during the quarter. PFG Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,018,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. Squarepoint Ops LLC lifted its position in Schwab US Dividend Equity ETF by 16.7% during the second quarter. Squarepoint Ops LLC now owns 51,222 shares of the company’s stock worth $3,983,000 after buying an additional 7,342 shares in the last quarter. AQR Capital Management LLC purchased a new position in Schwab US Dividend Equity ETF during the second quarter worth approximately $879,000. Ascent Group LLC lifted its position in Schwab US Dividend Equity ETF by 1.2% during the second quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock worth $940,000 after buying an additional 145 shares in the last quarter. Creative Planning raised its position in Schwab US Dividend Equity ETF by 1.3% in the second quarter. Creative Planning now owns 1,316,807 shares of the company’s stock valued at $102,395,000 after purchasing an additional 17,098 shares during the period. Finally, Magnolia Capital Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF in the second quarter valued at $21,741,000.

Schwab US Dividend Equity ETF Stock Down 0.1 %

NYSEARCA:SCHD opened at $28.07 on Monday. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72. The company has a market capitalization of $19.69 billion, a P/E ratio of 15.04 and a beta of 0.74. The stock’s fifty day moving average is $28.10 and its two-hundred day moving average is $27.92.

Schwab US Dividend Equity ETF 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.