PFG Investments LLC Has $6.36 Million Stake in Schwab US Dividend Equity ETF $SCHD

PFG Investments LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 207,130 shares of the company’s stock after acquiring an additional 17,987 shares during the period. PFG Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,355,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. Baer Investment Advisory LLC bought a new stake in Schwab US Dividend Equity ETF during the first quarter worth approximately $46,847,000. World Investment Advisors grew its holdings in Schwab US Dividend Equity ETF by 4.2% during the first quarter. World Investment Advisors now owns 448,118 shares of the company’s stock valued at $13,748,000 after purchasing an additional 18,130 shares during the last quarter. USAdvisors Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 4.5% in the first quarter. USAdvisors Wealth Management LLC now owns 234,776 shares of the company’s stock valued at $7,155,000 after purchasing an additional 10,135 shares during the period. Platform Technology Partners raised its position in shares of Schwab US Dividend Equity ETF by 8.8% in the first quarter. Platform Technology Partners now owns 381,586 shares of the company’s stock valued at $11,707,000 after purchasing an additional 30,934 shares during the period. Finally, Sound Income Strategies LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 6.1% in the first quarter. Sound Income Strategies LLC now owns 91,802 shares of the company’s stock worth $2,801,000 after buying an additional 5,318 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $32.39 on Friday. The company has a fifty day simple moving average of $32.06 and a 200 day simple moving average of $30.72. The company has a market cap of $97.46 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $26.21 and a 1 year high of $32.92.

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.