Scott Capital Advisors LLC Acquires 43,390 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Scott Capital Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,729,624 shares of the company’s stock after acquiring an additional 43,390 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 14.4% of Scott Capital Advisors LLC’s holdings, making the stock its 2nd largest holding. Scott Capital Advisors LLC owned about 0.07% of Schwab US Dividend Equity ETF worth $48,360,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SCHD. Ritter Daniher Financial Advisory LLC DE raised its position in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF in the 1st quarter worth approximately $27,000. Moisand Fitzgerald Tamayo LLC raised its position in Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares during the last quarter. PFG Private Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares during the last quarter. Finally, Mountain Hill Investment Partners Corp. bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $26.90 on Friday. The company has a 50 day moving average price of $25.95 and a 200 day moving average price of $27.17. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock has a market capitalization of $69.94 billion, a PE ratio of 15.93 and a beta of 0.82.

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.