Bay Colony Advisory Group Inc d b a Bay Colony Advisors Grows Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 56,346 shares of the company’s stock after acquiring an additional 1,203 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Schwab US Dividend Equity ETF were worth $1,493,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MOKAN Wealth Management Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.9% during the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after acquiring an additional 6,985 shares during the period. Principal Financial Group Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth about $384,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 343.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock worth $339,000 after acquiring an additional 9,382 shares during the period. Elevate Wealth Advisory Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.4% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after acquiring an additional 3,915 shares during the period. Finally, Schaeffer Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 3.7% during the 1st quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock worth $19,260,000 after acquiring an additional 24,751 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $26.68 on Friday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The company’s 50 day moving average price is $27.29 and its 200 day moving average price is $26.80. The firm has a market capitalization of $69.03 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.